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Compensation for accusation without reasonable cause—(1) If, in any case instituted upon complaint or upon information given to a police officer or to a Magistrate, one or more persons is or are accused before a Magistrate of any offence triable by a Magistrate, and the Magistrate by whom the case is heard discharges or acquits all or any of the accused, and is of opinion that there was no reasonable ground for making the accusation against them or any of them, the Magistrate may, by his order of discharge or acquittal, if the person upon whose complaint or information the accusation was made is present, call upon him forthwith to show cause why he should not pay compensation to such accused or to each or any of such accused when there are more than one; or, if such person is not present, direct the issue of a summons to him to appear and show cause as aforesaid.
How often should the interest rate under the external benchmark be reset?
Consider the following statements about fiscal management.
1. The Union government will give 50 year interest free loans to states which are t...
What is the effect on the Quick Ratio when a company successfully collects cash from its trade receivables?
Sovereign Green Bonds (SGBs) amounting _______are proposed to be issued in the current financial year for mobilising resources for green infrastructure...
Mr. Sumant imported mobile handset parts for his mobile assembling unit in Tamil Nadu from an exporter in China. He has to pay USD 1,00,000 to the expor...
In the context of cost accounting, overheads refer to indirect costs that are allocated to cost units or cost centres. The process of absorbing overhead...
Which of the following statement about NPV and IRR is not accurate?
RBI has mandated the Legal Entity Identifier (LEI) code as a key measure to improve the quality and accuracy of financial data systems for better risk m...
Which of the following statements about the primary market is correct?
1. It is a market for trading existing securities.
...
Which of the following Act will govern the Digital Lending regulatory framework in India?