Question
As per section 12A of the Commercial Courts Act, when can a
suit not be instituted?Solution
Section 12A. Pre-Institution Mediation and Settlement—(1) A suit, which does not contemplate any urgent interim relief under this Act, shall not be instituted unless the plaintiff exhausts the remedy of preinstitution mediation in accordance with such manner and procedure as may be prescribed by rules made by the Central Government
- A certain sum doubles in 9 years at certain rate of simple interest. The same sum under the same interest rate will become 4 times of itself in how many ye...
Same amounts are invested in two schemes with 8% interest for 2 years, one scheme at S.I. and another scheme at CI. If he received Rs. 41875.2 after 2 ...
What is the interest earned when Rs. 5000 is invested for 2 years in a scheme which offers compound interest (compounded every 12 months) of 20% p.a.
Aman invested Rs. 'a' and Rs. (a + 2300) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If...
An amount becomes eight times of itself in 56 years at simple interest. Find the value of (6R − 25).
A certain sum is invested at a simple interest rate of 10% per annum for a certain period. If the sum becomes five times the principal at the end of the...
The interest received on investing Rs. 8,000 for 5 years at simple interest of 'r%' p.a. is Rs. 8,000. Find the total amount received on investing Rs. 6...
"A person 'P' deposited Rs. ‘a’ in SIP 'A' and Rs. ‘b’ in SIP 'B'. He invested in SIP 'A' for 4 years at a simple interes...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as i...
