In Bhagwandas V. Girdhari lal the court held that the contract act does not expressly deal with the place where a contract has been made. As against cases of correspondence by post or telegram, in the present case of correspondence by a telephone, a contract was formed when acceptance was duly communicated to the offeror Lalman Shukla V. Gauri Dutt is touted as a landmark judgment for the validity of the contract The issue in Carlill v Carbolic Smoke Ball Co was whether the advert in question constituted an offer or an invitation to treat. By Satyabrata v Mugneeram, [1] the Supreme Court established the scope of Section 56 of ICA [2] that impossibility as mentioned in the said Section is used in a practical and not in literal sense
For the financial year ended 31st March 2023, the figures extracted from the balance sheet of ABC Ltd. are as under:
Opening stock 29,000 Closing...
Who will notify the rate of tax to be levied under CGST Act?
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
Capital Structure of a company consists of:
Calculate Capital Gearing Ratio of the company?
In this reinsurance arrangement, an agreement is made between the ceding company and the reinsurer(s), specifying limits for reinsurances that can perta...
1. What is the lock-in period for ELSS (Equity Linked Savings Scheme) to be eligible for a deduction under Section 80C of the Income Tax Act in ...
________ is the largest US electronic stock market in terms of shares traded and is the home to leading companies across all industry sectors such as Mi...
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______