Question
For a fresh period of limitation to begin from the time
of acknowledgement of liability under section 18 of the Limitation Act, it is necessary that the acknowledgement must be I. In writing II. Made before expiration of the prescribed period III. Signed by party against whom right is claimedSolution
Section 18 of Limitation Act - Where, before the expiration of the prescribed period for a suit of application in respect of any property or right, an acknowledgment of liability in respect of such property or right has been made in writing signed by the party against whom such property or right is claimed, or by any person through whom he derives his title or liability, a fresh period of limitation shall be computed from the time when the acknowledgment was so signed
The Human Development Index (HDI) was developed by a select team of leading scholars, development practitioners and members of the Human Development re...
MoCA has accorded 'in-principle' approval for setting up of 21 Greenfield Airports. What do you understand by Greenfield Airports?
With reference to the Indian economy, consider the following statements :
1. ‘Commercial Paper’ is a short-term unsecured promissory note.
According to the Harrod - Domar growth model, the GDP is ___
Which of the following statements is/are true with respect to the Non-Banking Financial Companies ?
I. A Non-Banking Financial Company (NBFC) is ...
Which of the following does not falls in the category of revenue expenditure?
Which of the following is not one of the Domestic Systemically Important Insurers (D-SIIs) for 2021-22?
What is the purpose of setting up of Small Finance Banks (SFBs) in India?
1. To supply credit to small business units
2. To supply credit ...
The ‘Mudra Bank’ is a subsidiary of—Â
Consider the following statements about New Development Bank:
1. New Development Bank has been set up by APEC.
2. The headquarters of New ...