Question
When will the depository indemnify the beneficial owner
if any loss is caused to such beneficial owner?Solution
Section 16 of Depository Act - Depositories to indemnify loss in certain cases— (1) Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant
Direction: Identify the sentence in which the given phrasal verb is used CORRECTLY.
Bring up
A. The viral video of the skateboarder's in...
The express train unexpectedly called out the station near my office, so I was early today.
I. It is the most efficient method ever.
II. It is still highly inefficient, and this inefficiency inspires hope.
(a) Despite
One who studies words and languages
Direction: Identify the sentence in which the given phrasal verb is used CORRECTLY.
Bring About
A. The old computer can't bring about th...
Choose the correct word that can replace the given phrase.
a person who is excessively devoted to a particular religion or belief
Find the appropriate Phrasal verb.
The old man ________ without any trouble last night.
They all contributed to get Ajay a birthday present.
Directions: Sentences are given below with phrasal verbs highlighted in bold that may be grammatically or contextually wrong. Find the correct answer f...
That cannot be taken away
