Question
According to the principle of indemnification in
partnership law, what obligation does a partner have if they commit fraud in the conduct of the firm's business?Solution
Partnership Act: Section 10. Duty to indemnify for loss caused by fraud: Every partner shall indemnify the firm for any loss caused to it by his fraud in the conduct of the business of the firm.
Which of the following is not considered unpublished price sensitive information?
A proceeding instituted in a civil court by the presentation 'of a plaint is called' ___________
What does the term "amicus curiae" refer to in legal proceedings?
Under Order 16 of the Code of Civil Procedure, 1908, what is the consequence of the plaintiff's failure to proceed with the case?
If the parties to a contract agree to substitute a new contract for it, or to rescind or alter it, the__________________
Can an insider deviate from the approved trading plan, (As per Reg 5 of SEBI (Prohibition of Insider Trading) Regulations, 2015)?
Any person who is aggrieved by an improvement notice served by the Designated officer   under Food Safety and Standards Act may appeal to
Which of the following statement in respect of section 320 of the Code of Criminal Procedure, 1973, is not correct?
When does a conciliation proceeding commences?
Abuse of dominant position under Section 4 does NOT include:Â