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As per The Indian Partnership Act, 1932 Section16 PERSONAL PROFITS EARNED BY PARTNERS. Subject to the contract between the partners, - (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm-name, he shall account for that profit and pay it to the firm ; (b) if a partner carries on any business of the same nature as and competing with that of the firm, he shall account for and pay to the firm all profits made by him in that business.
Which of the following is not the part of right to freedom as enshrined in the Article 19 of the Constitution of India (As amended)?
The period of limitation for filing any suit (for which no period of limitation has been provided in Schedule of the Limitation Act) shall be:
As per the LLP Act where the Tribunal makes an order under section 60 sanctioning a compromise or an arrangement in respect of a limited liability partn...
Bar to further suit to a plaintiff is expressly provided under which section of CPC?
A voluntarily burns a valuable security belonging to Z intending to cause wrongful loss to Z. A has committed
What does ‘R’ in SARFAESI stands for?
Judges in the Court of Session are appointed by:
The Board shall, ________ of the receipt of a reference from the Adjudicating Authority for the recommendation of an insolvency professional who may...
What constitutes an assault under the Bharatiya Nyaya Sanhita?
Order made under section 144 of the Code of Criminal Procedure, 1973, shall not remain in force for more than ________ from the making thereof.
