Question
Communication, acceptance and revocation of proposal are
deemed to be made by _______________ by which he intends to communicate such proposal, acceptance or revocation, or which has the effect of communicating itSolution
Contract Act Section 3. Communication, acceptance and revocation of proposals: The communication of proposals the acceptance of proposals, and the revocation of proposals and acceptances, respectively, are deemed to be made by any act or omission of the party proposing, accepting or revoking by which he intends to communicate such proposal, acceptance or revocation, or which has the effect of communicating it.
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A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
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Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
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• Net profit after tax: ₹60 lakh
• Depreciation: ₹30 lakh
• Interest on term loan: ₹30 lakh
• T...