Question
Which of the following is not true about
redemption?Solution
Transfer of Property Act S. 91 Persons who may sue for redemption .—Besides the mortgagor, any of the following persons may redeem, or institute a suit for redemption of, the mortgaged property, namely:— (a) any person (other than the mortgagee of the interest sought to be redeemed) who has any interest in, or charge upon, the property mortgaged or in or upon the right to redeem the same; (b) any surety for the payment of the mortgage-debt or any part thereof; or (c) any creditor of the mortgagor who has in a suit for the administration of his estate obtained a decree for sale of the mortgaged property.
In the absence of Partnership Deed, partners are entitled to:
The cost that is concerned with the determination of the cost of each activity rather than the process is called:
As per the Union Budget 2025–26, under the MSMED Act, 2006, to be classified as a medium enterprise, the annual turnover should be up to:
An investor deposits ₹50,000 in an account offering 8% compound interest annually. What will be the maturity value after 3 years?
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
If the company earned revenue from operations of Rs.18 lakh, what is the working capital turnover ratio of the company?
What is the minimum outstanding balance in a non-performing borrowal account that requires reporting as a willful default?
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
Dividend is paid to the shareholders on:
Who among the following generally maintains the Audit Notebook?
Relevant for Exams:
