Question
When an individual’s insolvency cannot be resolved it
is known as _________________Solution
Bankruptcy means a legal declaration of insolvency of the individuals as well as the corporates who cannot repay their debts to creditors. However, if insolvency is untreated it results in bankruptcy for the individual’s and for corporates it is known as corporate insolvency/liquidation.
Consider the following statements regarding Section 43 of the Information Technology Act, 2000:
Statement 1: Section 43 provides civil remedies f...
As per the Trade Unions Act, 1926, what is the minimum number of members required to apply for the registration of a Trade Union?
Under the Right to Information Act, 2005, which section provides for "Exemption from disclosure of information"?Â
An accused person is detained in police custody for investigation of a cognizable offence. After 24 hours, the police officer desires to continue the de...
Court need not frame charges in which case?
Professional communications are now covered under which section of BSA?
Is a settlement agreement reached through community mediation enforceable as a civil court decree under The Mediation Act, 2023?
Every promise and every set of promise forming the consideration for each other is______________
Under Section 4 of the Payment and Settlement Systems Act, 2007, a fintech startup, Company X, intends to launch a peer-to-peer payment platform allowin...
Which section of the Banking Regulation Act, 1949 deals with the provision relating to Act to apply to co-operative societies in certain cases?
