Question
Section 25 of The Limitation Act, 1963 deals
with_________?Solution
Section 25. Acquisition of easements by prescription— (1) Where the access and use of light or air to and for any building have been peaceably enjoyed therewith as an easement, and as of right, without interruption, and for twenty years, and where any way or watercourse or the use of any water or any other easement (whether affirmative or negative)has been peaceably and openly enjoyed by any person claiming title thereto as an easement and as of right without interruption and for twenty years, the right to such access and use of light or air, way, watercourse, use of water, or other easement shall be absolute and indefeasible. (2) Each of the said periods of twenty years shall be taken to be a period ending within two years next before the institution of the suit wherein the claim to which such period relates is contested. (3) Where the property over which a right is claimed under sub-section (1) belongs to the Government that sub-section shall be read as if for the words “twenty years” the words “thirty years” were substituted.
A ___________ is an agreement between two parties to exchange cash flows on a determined date or in many cases multiple dates.
An investor enters into a short position in a gold futures contract. The contract price is Rs.1300 and the contract consists of 100 ounces of gold. The ...
How could the company, ABC Ltd, have made Ram stay in the company?
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. Th...
Identify the Prepaid Payment Instruments (PPI) from the following options?
An investor expects a moderate rise in the price of Reliance Industries and buys a Call Option with a Strike Price of ₹2,800 at a Premium of ₹4...
What does the BRSR Core represent?
Flexible Budget is a budget with which features?
Micro Finance Development and Equity Fund is administered by:
In a no-arbitrage framework, the theoretical futures price of a non-dividend-paying asset is primarily determined by _____