Question
Who will indemnify the beneficial owner in case of
negligence caused by the depository or participant?Solution
Section 16 of Depositories Act Depositories to indemnify loss in certain cases—(1) Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
In the question, assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is /are definitely true and th...
What should come in the place of question mark, in the given expressions to make ‘J < E’ always true?
‘D < E _? _F = G ≥ H = I ≥ J’
Statements: P # Q @ R & S $ T # W % I, K $ S @ L
Conclusions: I. K # I II. P & T
...Which of the following expressions will be true if the expression P > Q = R < S = T ≤ U = V is definitely true?
Statement: D < M < P = V = E ≥ T > Z
Conclusion: I. P > Z II. D > E
Statements: A > B; C > D; E ≥ A; F = C; C < B
Conclusions:
(i) B > D (ii) A > F (iii) F < E
...Statements: U ≤ T < V; W < V; S = T < R; X < W = Y < Z
Conclusions:
I. R > U
II. X < S
III. T < Z
Statements: H ≥ I < J ≥ K > L ≥ M
Conclusions:
I. L < J
II. M ≤ J
III. K ≥ J
IV. I = K
