The Securities Exchange Board of India recently issued the SEBI Settlement Scheme 2022 in a public notification dated August 19, 2022. SEBI’s Settlement Scheme 2022 begins on August 22, 2022, and runs through November 21, 2022. Overview Following the expiration of the SEBI Settlement Scheme in 2020, a large number of organizations have filed an appeal with […]
GHMC or Greater Hyderabad Municipal Corporation has implemented one of the most accessible online systems for property tax payment. Hyderabad is the capital of Telangana state and the temporary capital of Andhra Pradesh state. Telangana state came into existence on June 2nd, 2014, with Hyderabad as the capital city. GHMC Property Tax Check Greater Hyderabad
In this age of cut-throat competition, everyone wants to grow their business beyond the limits of the domestic market. Doing business globally is more easy now-a-days due to the advent of internet and technology. However, before going business globally, you need to follow several procedures and laws and get various registration and license. IEC (Import
An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. ESOPs give the sponsoring company—the selling shareholder—and participants various tax benefits, making them qualified plans, and are often used by employers as a corporate finance strategy to align the interests of their employees
Effect, on agreement, of misrepresentation of fraud, by agent Misrepresentation made, or frauds committed, by agents acting in the course of their business for their principals, have the same effect on agreements made by such agents as if such misrepresentations or frauds had been made orcommitted by the principals; but misrepresentations made, or frauds committed,
Liability of principal inducing belief that agent’s unauthorized acts were authorized When an agent has, without authority, done acts or incurred obligations to third persons on behalf of hisprincipal, the principal is bound by such acts or obligations, if he has by his words or conduct inducedsuch third persons to believe that such acts and
Person falsely contracting as agent not entitled to performance A person with whom a contract has been entered into in the character of agent, is not entitled to require the performance of it, if he was in reality acting, not as agent, but on his own account. Practice area’s of B K Goyal & Co
Liability of pretended agent A person untruly representing himself to be the authorized agent of another, and thereby inducing a third person to deal with him as such agent, is liable, if his alleged employer does not ratify his acts, to make compensation to the other in respect of any loss or damage which he
Consequence of inducing agent or principal to act on belief that principal or agent will be held exclusively liable When a person who has made a contract with an agent induces the agent to actupon the belief that the principal only will be held liable, or induces the principal to act upon the beliefthat the
Right of person dealing with agent personally liable In cases where the agent is personally liable, a person dealing with him may hold either him or his principal, or both of them, liable.IllustrationA enters into a contract with B to sell him 100 bales of cotton, and afterwards discovers that B was acting as agent
CA Bhuvnesh Kumar Goyal
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