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Section 25. Assets in India: (1) The assets in India of every banking company at the close of business on the last Friday of every quarter or, if that Friday is a public holiday under the Negotiable Instruments Act, 188, at the close of the business on the preceding working day, shall not be less than seventy-five per cent. of its demand and time liabilities in India.
The court may compel attendance of any person to whom a summons has been issued, for this purpose a maximum fine can be imposed to the tune of-
A owes Rs 60,000 to B. Before clearing his liability, A dies leaving behind an estate worth Rs 40,000. In this case, A’s legal representatives are lia...
For what term of imprisonment an offender under section 138 of the negotiable instrument Act can be punished?
In the trial of summons case by a Magistrate
I. Charges must be framed
II. It is not necessary to frame charges
III. Charges can be...
Which section of IT Act 2000 deals with the punishment for cheating by impersonation by using computer resources?
Communication, acceptance and revocation of proposal are deemed to be made by _______________ by which he intends to communicate such proposal, acceptan...
Who among the following holds office during the pleasure of the President?
A instigates B to instigate C to murder Z. Accordingly, B instigated C to murder Z and subsequently C committed the murder to Z. Under this situation, a...
The Board shall, at the requisition made by, in the case of a company having a share capital, such number of members who hold, on the date of the recei...
Tort has been derived from the word_______.
