Question
What is the obligation of a person who has received
advantage under void agreement, or contract that becomes void as per section 65 of the Contract Act?Solution
Section 65. Obligation of person who has received advantage under void agreement, or contract that becomes void: When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore it, or to make compensation for it to the person from whom he received it.
Which of the following terms is NOT associated with insurance?
Who has been elected as the president of Auto industry body 'Society of Indian Automobile Manufacturers' (SIAM) for 2022-23?
An extension of endowment plans is known as which policy?
The insurance is listed in which schedule to the Constitution of India?
As per Rule 141 of Central Motor Vehicle Rules 1989, a certificate of Insurance is to be issued only in Form _____.
A comprehensive motor insurance policy covers:
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
Who is the author of the book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor?”
A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
Which Section of the IRDAI Act,1999 specifies the Duties, Powers and functions of the Authority?