Question
As per the Commercial Courts Act “commercial
dispute” means a dispute arising out of______________Solution
Section 2. Definitions: (c) “commercial dispute” means a dispute arising out of–– (i) ordinary transactions of merchants, bankers, financiers and traders such as those relating to mercantile documents, including enforcement and interpretation of such documents; (ii) export or import of merchandise or services; (iii) issues relating to admiralty and maritime law; (iv) transactions relating to aircraft, aircraft engines, aircraft equipment and helicopters, including sales, leasing and financing of the same; (v) carriage of goods; (vi) construction and infrastructure contracts, including tenders; (vii) agreements relating to immovable property used exclusively in trade or commerce; (viii) franchising agreements; (ix) distribution and licensing agreements; (x) management and consultancy agreements; (xi) joint venture agreements; (xii) shareholders agreements; (xiii) subscription and investment agreements pertaining to the services industry including outsourcing services and financial services; (xiv) mercantile agency and mercantile usage; (xv) partnership agreements; (xvi) technology development agreements; (xvii) intellectual property rights relating to registered and unregistered trademarks, copyright, patent, design, domain names, geographical indications and semiconductor integrated circuits; (xviii) agreements for sale of goods or provision of services; (xix) exploitation of oil and gas reserves or other natural resources including electromagnetic spectrum; (xx) insurance and re-insurance; (xxi) contracts of agency relating to any of the above; and (xxii) such other commercial disputes as may be notified by the Central Government.
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
In India _______________ insurance is mandatory.
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
Which of the following insurance is mainly used for leased cars?
Written words in a policy take precedence over:
Insurance companies that band together as self-insurers and form an organization that is chartered and licensed as an insurer in at least one state to h...
What are physical hazards in underwriting?
Identify the scenario where a debate on the need for insurance is not required.
GIC was ceased to be a holding company of its subsidiaries in which of the following year?