Question
If A gives a house on lease to B and it catches fire and
gets destroyed completely while B is in possession, in such a case__________.Solution
Transfer of Property Act S. 108 (B) Rights and liabilities of the lessee (e) if by fire, tempest or flood, or violence of an army or of a mob, or other irresistible force, any material part of the property be wholly destroyed or rendered substantially and permanently unfit for the purposes for which it was let, the lease shall, at the option of the lessee, be void: Provided that, if the injury be occasioned by the wrongful act or default of the lessee, he shall not be entitled to avail himself of the benefit of this provision.
What is the primary characteristic that distinguishes common equity from preferred equity in the capital markets?
According to the revised RBI instructions, when must a Tier 1 Urban Co-operative Bank seek RBI’s prior approval to grant unsecured advances?
 Packing credit limits are granted _________
As per realization principle, revenue will be recognized:
What are the tax benefits offered to companies operating in GIFT city?
What are the Over the counter (OTC) derivatives considered risky?
According to the MSMED Act (amendment 2020), an enterprise with an investment of â‚ą7 crore in plant and machinery and a turnover of â‚ą35 crore will be...
In Six Sigma methodology, the term “sigma” is used to indicate the extent to which a process varies from its expected performance. In this context, ...
Which bank has been assigned the Lead Bank Responsibility for the newly formed district of Maihar in the state of Madhya Pradesh?
In a normal distribution, what percentage of observations lie within one standard deviation of the mean?
Relevant for Exams:
