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Banking Regulation Act: Important Elements. In any country the major portion of monetary resources lies with banking institutions. They regulate the flow of money throughout the economy. Any economy needs these banking institutions to facilitate t ..
THE COMPETITION ACT, 2002: IMPORTANT ELEMENTS. The economy of any country is always volatile. This is generally due to the dynamic nature of the constituent markets and their elements. The world is changing fast. India is also opening its economy ..
Contract, Contract of Insurance, Contract of Indemnity, Indian Contract Act, Section 124 of Indian Contract Act, Compensation, contract to save the promise from a loss ..
THE COMPETITION ACT, 2002: IMPORTANT ELEMENTS. The economy of any country is always volatile. This is generally due to the dynamic nature of the constituent markets and their elements. The world is changing fast. India is also opening its economy ..
WHEN A COMPANY IS BANKING COMPANY. As per section 5c of THE BANKING REGULATION ACT, 1949 Banking company means any company which transacts the business of banking in India. Thus any company whether foreign or indigenous which transac ..
VALIDS AND ESSENTIALS OF A PROPER CONTRACT. WHAT IS A CONTRACT. A contract is any agreement enforceable by law. As defined by Pollock every agreement and promise enforceable at law is a contract. Agreement may be defined as every p ..
EXPRESSION OF WILLINGNESS IS NOT AN OFFER At the inception of every agreement, there must a definite offer by one person to another and its unqualified acceptance by the person to whom the offer is made. As per section 2(a) of Indian Contract Ac ..
When an association of person is a partnership. A partnership as defined in INDIAN PARTNERSIP ACT,1932 An relation between person who have agreed to share the profit of any business carried on by all or any of them acting for all. S ..
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