Circumstances Under Which A Cheque May Be Dishonoured
Circumstances Under Which A Cheque May Be Dishonoured A paying banker is under a legal obligation to honour his customer’s mandate. He is bound to...
Circumstances Under Which A Cheque May Be Dishonoured A paying banker is under a legal obligation to honour his customer’s mandate. He is bound to...
The rights of a partner on dissolution of a firm are as under : (i) Right to an equitable lien – Under Section 46...
EFFECTS OF NON-REGISTRATION (SEC. 69) Suits between partners and firm: A person suiting as a partner of an unregistered firm cannot sue the firm or...
The issue of shares at a discount is regulated by law and section 79 provides that subject to certain conditions, the shares can be issued...
Introduction: A strong legal system is the necessity of any society’s well being and it would be foolish of us to deny that! As BMS...
Fraud means cheating. It is intentionally stating something untrue as true. Section 17 defines Fraud as “Fraud means and included any of the following acts...
Section18 defines misrepresentation as – “a false representation a fact made innocently or non disclosure of a material fact without any intention to deceive the...
The following kinds of agreements are expressly declared to be void :- 1) Agreement made by incompetent person, For e.g. minor, a person of unsound...
A Contract is said to be discharged when the rights and obligations created by it come to an end. A contract may be discharged in the...
The term ‘negotiable’ means transferable and the word ‘document’ means ‘in writing’. Therefore, negotiable means a written promise or order to pay money which may...