Section 149 of the Companies Act of 2019 regulates the composition of the board of directors. In the case of a public company, there are at least 3 directors. In the case of some companies, it also counts as one female director. In addition, every listed company must have at least one-third of the directors […]
Registered design is a shape, configuration, pattern or ornament or composition of lines or colour or combination thereof applied to any article whether two dimensional or three dimensional protected under the Designs Act, 2000. Design registration is similar to copyright registration, patent or trademark registration and a type of intellectual property registration – which protects creations of the mind. Registered
Bankruptcy can provide financial relief in the form of a restructured debt repayment plan or a liquidation of certain assets to pay off a portion of your debt. Although bankruptcy may be unavoidable for some, it can severely damage your credit score, so it’s crucial to pursue all alternatives before considering it. Bankruptcy is a
Repayment, by bailor, of necessary expenses Where, by the conditions of the bailment, the goods are to be kept or to be carried, or to have work done upon them by the bailee for the bailor, and the bailee is to receive no remuneration, the bailor shall repay to the bailee the necessary expenses incurred
Effect of mixture, without bailor’s consent, when the goods cannot be separated. —If the bailee, without the consent of the bailor, mixes the goods of the bailor with his own goods, in such amanner that it is impossible to separate the goods bailed from the other goods, and deliver them back, thebailor is entitled to
Effect of mixture, without bailor’s consent, when the goods can be separated If the bailee, without the consent of the bailor, mixes the goods of the bailor with his own goods, and the goods can beseparated or divided, the property in the goods remains in the parties respectively; but the bailee is boundto bear the
Effect of mixture, with bailor’s consent, of his goods with bailee’s If the bailee, with the consent of the bailor, mixes the goods of the bailor with his own goods, the bailor and the bailee shall have an interest, in proportion to their respective shares, in the mixture thus produced. Practice area’s of B K
Liability of bailee making unauthorized use of goods bailed If the bailee makes any use of the goods bailed which is not according to the conditions of the bailment, he is liable to make compensation to the bailor for any damage arising to the goods from or during such use of them (a) A lends
Termination of bailment by bailee’s act inconsistent with conditions A contract of bailment is avoidable at the option of the bailor, if the bailee does any act with regard to the goods bailed,inconsistent with the conditions of the bailment.IllustrationA lets to B, for hire, a horse for his own riding. B drives the horse in
Bailee when not liable for loss, etc., of thing bailed The bailee, in the absence of any special contract, is not responsible for the loss, destruction or deterioration of the thing bailed, if he has taken the amount of care of it described in section 151 Practice area’s of B K Goyal & Co LLP
CA Bhuvnesh Kumar Goyal
Chartered Accountants
cabkgoyal@gmail.com
9971782649
Ph: 9971782649
E: cabkgoyal@gmail.com
