According to the Partnership Act, what are the mutual rights and liabilities of partners in the absence of a contract between them?
Interest on the capital subscribed by a partner is payable only out of profits, Section 13 Mutual Rights and Liabilities: Subject to contract between the partners - (a) a partner is not entitled to receive remuneration for taking part in the conduct of the business; (b) the partners are entitled to share equally in the profits earned, and shall contribute equally to the losses sustained by the firm; (c) where a partner is entitled to interest on the capital subscribed by him, such interest shall be payable only out of profits.
In order to boost the use of renewable energy, which of the following Indian company offer clean and green energy products and solutions to the people o...
When was the foundation stone of recently inagurated NAMO Medical Education and Research Institute laid by Prime Minister Narendra Modi?
How many locations have been provisionally identified for development of Gati Shakti Multi-Modal Cargo Terminal’ (GCT)?
Department of Agriculture and Farmers Welfare (DA&FW) in collaboration with Wadhwani Institute for Artificial Intelligence (Wadhwani AI) have developed ...
Which organization developed the Indigenous Technologies of Thermal camera transferred to M/s Aditya Infotech (CP Plus)?
The Organisation for Economic Cooperation and Development (OECD) has revised upwards its growth estimate for India by 20 basis points to _______for FY24.
Recently ________ has been appointed as the New Prime Minister of Sri Lanka ?
What is a bull market means?
Reserve Bank of India notified that the transactions through UPI are worth________ , registering a growth of 17 per cent from Rs 5.36 lakh crore in Fe...
Which book is authored by Captain AD Manek?