Question
Who may give evidence of a contemporaneous agreement
varying the terms of the document?Solution
Section 99 of Evidence Act Persons who are not parties to a document, or their representatives in interest, may give evidence of any facts tending to show a contemporaneous agreement varying the terms of the document. Illustration:Â A and B make a contract in writing that B shall sell A certain cotton, to be paid for on delivery. At the same time they make an oral agreement that three months credit shall be given to A. This could not be shown as between A and B, but it might be shown by C, if it affected his interests. Â
If a company has a foreign branch, how are its financial statements translated as per AS 11?
According to The Companies Act 2013, which of the following statement is incorrect with regards to OPC (One Person Company)?
What does IBNR stand for in insurance?
A CGU comprises back-office software (finite life) and a customer list (indefinite life). Recoverable amount is below carrying amount due to regulatory ...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
As per Union Budget 2025-26, what is the new asset monetization plan target for 2025-30?
Which among the following is primarily not a Refinancing Financial Institution?
IRR is a rate at which
As per the GFR rule applicable for GeM direct buying can be adopted for purchase orders in the range: -
A consignor sends goods costing ₹2,00,000 to consignee at invoice price of 125% of cost. 1/10th goods are lost in transit (abnormal). Consignee sells ...
