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New Intervening Act. ‘Novus Actus Interveniens’ is a Latin legal maxim that stands for ‘new intervening act’. Novus Actus Interveniens is “an independent event which, after the wrongdoer’s act has been concluded either caused or contributed to the consequence concerned”. Thus, an intervening act leads to a breakage in the cause-effect relation of the act that harmed the plaintiff. It is used as a defence by defendant to negate or reduce his liability.
What is the full form of 'GDP'?
Fiscal policy in India is formulated by?
In which market structure does a firm have the autonomy to set prices?
The annual rate of growth of GDP has been the lowest in which Five Year Plan?
Which of the following is NOT included in the 'Operating Surplus' category?
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
The Lorenz curve is used to display which of the following?
Which Indian batsman has recently announced his retirement from cricket?
What is Monetary Policy Framework Agreement?
What function do commercial banks in India perform?