Question
Which section of Negotiable Instrument Act deals with
‘payment in due course’?Solution
Section 10 - “Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.
When records or property are found in possession or control of any person during a survey or search, which of the following presumptions are made?
With reference to the Transfer of Property Act, 1882 in the Supreme Court judgment in Seth Maneklal Mansukhbahi vs. Hormusji Jamshedji Ginwala -AIR 195...
As per Reg 5C of SEBI (Prohibition of Insider Trading) Regulations, 2015, Can the structured digital database be outsourced?
Statement I: Section 1(2) of the DSPE Act provides that the Act extends to the whole of India.
Statement II: Section 2(1) limits the original inv...
Under Section 10(1) of the Environment (Protection) Act, 1986, any person empowered by the Central Government shall have right to enter at all reasonabl...
Who is responsible for establishing one or more Micro and Small Enterprises Facilitation Councils, and how is this done as per the provisions of MSMED A...
Doctrine of basic structure was laid down in the famous case of
In the landmark case Dilip Mitra v. State of West Bengal (2011), the Supreme Court addressed the recording of confessions by Magistrates and the safegua...
What is the definition of "digital personal data" as per the Digital Personal Data Protection Act, 2023?
The maxim ‘actus non facit rea nisi mens sit rea’ means: