Question
Under the Commercial Courts Act what is the procedure
for a person aggrieved by the judgment or order of a Commercial Court at the level of District Judge exercising original civil jurisdiction or the Commercial Division of a High Court?Solution
Section 13. Appeals from decrees of Commercial Courts and Commercial Divisions: (1A) Any person aggrieved by the judgment or order of a Commercial Court at the level of District Judge exercising original civil jurisdiction or, as the case may be, Commercial Division of a High Court may appeal to the Commercial Appellate Division of that High Court within a period of sixty days from the date of the judgment or order.
Consider the following statements regarding Contingency Fund of India
1. Currently, the Parliament has authorized a corpus of ₹30000 crore. ...
Which IFRS/Ind AS is discussed in the RBI's released Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks?
The Prime Minister’s Task Force on MSMEs has set annual lending targets for banks. What is the recommended year-on-year growth in credit and accounts ...
If the due date of a bill is after the closing date of accounts, then interest from the date of closing to the due date is written in the appropriate si...
Which of the following is a feature of a defined contribution pension plan?
1) Guaranteed payout at retirement
2) Employee bears the inves...
Which of the following banks will not carry any credit risk?
DAY-NRLM is an ambitious effort by the GoI to reduce poverty by enabling the poor households to access gainful self-employment and skilled wage employm...
In case of an infrastructure project, a project finance account classified as ‘standard’ shall continue to be classified as ‘standard’ on accoun...
Under the Stand-Up India Scheme, banks are required to provide loans to which category of entrepreneurs?
Which organization is responsible for disbursing margin money subsidies under PMEGP?