Question
An entrepreneur is setting up his new business. He
purchases some equipment. He also takes insurance on the equipment for which the premium is paid for 6 months even though the business is yet to commence operations. The equipment cost and insurance for 6 months is start up cost for the entrepreneur. For the business, the insurance paid is      ÂSolution
Paying insurance premium is a prepaid expense for the business as it is paid in advance.
Section 23 deals with:Â
Settlement of disputes outside court can be ordered by a civil court as per s.___ of cpc.
On which date was the Limited Liability Partnership Act enacted?
Under the RTI Act, 2005 which of the following does not fall within the category of exemption from disclosure of information?
Under Section 4 of the Payment and Settlement Systems Act, 2007, a fintech startup, Company X, intends to launch a peer-to-peer payment platform allowin...
Every prior party to a negotiable instrument is liable thereon to a holder in due course
Who has the authority to arrest a person suspected of committing an offence under thie PLMA, based on material in their possession?
What is the definition of a mandatory injunction as per theSpecific Relief Act?
Under the Transfer of Property Act, 1882, Section 5 provides that a "Transfer of Property" is:
Which is required to prove disproportionate assets according to the PC Act?
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