Question
A Permanent Lok Adalat is headed
by?Solution
Legal Services Authorities Act, 1987 S. 22B. Establishment of Permanent Lok Adalats.— (1) Notwithstanding anything contained in section 19, the Central Authority or, as the case may be, every State Authority shall, by notification, establish Permanent Lok Adalats at such places and for exercising such jurisdiction in respect of one or more public utility services and for such areas as may be specified in the notification. (2) Every Permanent Lok Adalat established for an area notified under sub-section (1) shall consist of— (a) a person who is, or has been, a district judge or additional district judge or has held judicial office higher in rank than that of a district judge, shall be the Chairman of the Permanent Lok Adalat;
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the: