Question
When no interest is specified in the instrument,
interest on the amount due thereon, shall be calculated at the rate of__________________ as per the NI Act.ÂSolution
Under Section 80 of NI Act- When no rate of interest is specified in the instrument, interest on the amount due thereon shall, notwithstanding any agreement relating to interest between any parties to the instrument], be calculated at the rate of eighteen per centum per annum, from the date at which the same ought to have been paid by the party charged, until tender or realization of the amount due thereon, or until such date after the institution of a suit to recover such amount as the Court directs.
Which soil is known as the self-plowed soil of India?
Most of the gaseous interchange in soil occurs by
Which agency is responsible for implementing the Agricultural Export Policy in India?
Which of the following considered as main transmitters of viruses to plants?
Among the following fertilizers used in soil application ,Which fertilizer is known as ‘starter fertilizer’?
Glycoprotein and polysaccharides destined for secretion are processed in theÂ
Which one of the following is volume of water necessary to cover an area of 1.0 ha to a depth of 5 cm?
Which of the following fodder crops is known for its gum-producing properties?
Furniture store is an example of:
Accumulation of sodium on soil exchange sites is termed:
Relevant for Exams:
