Question
Which of the following is not a duty of partners under
the Partnership Act?Solution
Explanation: According to Section 9 of the Partnership Act, partners have a duty to carry on the business of the partnership to the greatest common advantage, to be just and faithful to each other, to render true accounts and full information, and to indemnify the firm for any loss caused to it by the partner’s misconduct. Partners also have a duty to share profits and losses equally unless otherwise agreed upon in the partnership agreement. However, partners are not allowed to compete with the firm in the same business.
Under which Section of the Specific Relief Act, 1963 the court has been empowered to engage expert in any suit?
Section 5 directions under the Environment (Protection) Act, 1986 are issued in exercise of Central Government's powers under:
If the Directive Principles of State Policy is infringed
As per the Bharatiya Nagarik Suraksha Sanhita, under what circumstance can a Court of Sessions take cognizance of an offence as a Court of Original jur...
Section 6 of Transfer of Property Act is related to:
No attachment under a precept shall continue for more than_____
Which of the following is not included in the deflaition of 'Immovable Property within meaning of Sec 3 of the Transfer of Property Act?
According to Industrial Relation Code, unfair trade practice means any of the practice specified in the________.
Which regulatory body in India is responsible for regulating and supervising the capital markets, including stock exchanges, brokers, and other market i...
The question as to what advice is tendered by the Council of Ministers to President of India_________.
