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Monday, November 20, 2017

Various Acts

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Various Acts



293(1)
Company Act
Borrowing limits of the company
125
Indian Companies
Charge created on companies assets have to be

Act
registered within 30 days.
11
Indian Contract Act
Lunatics disqualified from contracting
59
Indian Contract Act
Rights of Appropriation is vested with debtor
60
Indian Contract Act
If debtor does not intimate, the right of appropriation is


vested with creditor
124
Indian Contract Act
Indemnity
148
Indian Contract Act
Bailee-Bailor
171
Indian Contract Act
Banker an absolute right for General Lien
3
Indian Majority Act
A person attains majority at the age of 18
371
Indian Succession
In the absence of will, Legal hairs will have to obtain

Act
Succession Certificate from the Court





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