Section 2 (f) “international commercial arbitration” means an arbitration relating to disputes arising out of legal relationships, whether contractual or not, considered as commercial under the law in force in India and where at least one of the parties is— (i) an individual who is a national of, or habitually resident in, any country other than India; or (ii) a body corporate which is incorporated in any country other than India; or (iii) an association or a body of individuals whose central management and control is exercised in any country other than India; or (iv) the Government of a foreign country.
'A' and 'B' started a business by investing Rs. '5x' and Rs. '4x' respectively. Six months later, 'A' withdrew Rs. 200 from his investment whereas 'B' i...
Armaan, Malik, and Chinky collectively invested Rs. 1.05 lakh in a business. The investment ratios among them are such that Armaan's investment to Malik...
A started a business with an investment of Rs.1400. After some months, B joins the business with an investment of Rs.2400 and after two more months C jo...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:6:9, respectively. At end of the year, if the difference be...
A started a business with an investment of Rs.18000. After few months B joined him with an investment of Rs.22500. If at the end of the year, they share...
Radha started a dairy farm by investing Rs. 80,000. After 4 months, Krishna joined her, contributing Rs. 1,20,000 to the investment. At the end of one y...
A and B invested Rs.5000 and Rs.9000 in a business respectively and after 4 months B withdrawn 50% of his initial investment and again after 5 months he...
Three partners ‘A’, ‘B’ and ‘C’ started a business by investing in the ratio 3:4:2 respectively and the ratio of time for which they made th...
Two friends A and B started a business by investing RS1,50,000 and RS 2,50,000, respectively. They agreed to distribute their earnings by the same ratio...
Alok and Kajal started a business by investing Rs. 'X' and Rs. (X + 700), respectively. 20 months later, Kajal withdrew his entire investment. At the en...