Care to be taken by bailee In all cases of bailment the bailee is bound to take as much care of the goods bailed to him as a man of ordinary prudence would, under similar circumstances, take of his own goods of the same bulk, quality and value as the goods bailed Practice area’s of […]
Bailor’s duty to disclose faults in goods bailed The bailor is bound to disclose to the bailee faults in the goods bailed, of which the bailor is aware, and which materially interfere with the use of them, or expose the bailee to extraordinary risks; and if he does not make such disclosure, he is responsible
Delivery to bailee how made The delivery to the bailee may be made by doing anything which has the effect of putting the goods in the possession of the intended bailee or of any person authorized to hold them on his behalf Practice area’s of B K Goyal & Co LLP Income Tax Return Filing
Fast-moving consumer goods are products that sell quickly at relatively low cost. These goods are also called consumer packaged goods. FMCGs have a short shelf life because of high consumer demand (e.g., soft drinks and confections) or because they are perishable (e.g., meat, dairy products, and baked goods).These goods are purchased frequently, consumed rapidly, priced low, and
Embark on an exciting journey to unlock the secrets of obtaining a Hookah Lounge License in the enchanting state of Rajasthan. Discover the simple yet essential steps that pave the way for your dream hookah lounge to become a reality. From navigating the paperwork to understanding the fees involved, we’ll guide you through the process
The complete patent registration process involves a series of steps which are to be mandatorily followed to get a patent in India. Both individuals and businesses can apply for patent registration for their inventions. What is a Patent? A ‘Patent’, in basic terms, is an exclusive right that is granted to any invention (whether a process or
A birth certificate is an important legal document and any discrepancy in it should be corrected immediately. At times the hospital staffs commit errors while submitting the child’s name, parent’s names, date of birth, gender and other details to the Municipal Corporation. Sometimes these errors occur at the corporation office by staffs entering the details
Retail describes the sale of a product or service to an individual consumer for personal use. Retail transactions occur through different sales channels, such as online, in a brick-and-mortar storefront, in direct sales, or via mail. The defining feature of a retail transaction is that the end user is the buyer. What is retail? This
“Bailment” “bailor” and “bailee” defined A “bailment” is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them. The person delivering the goods is called the “bailor”.
Liability of co-sureties bound in different sums —Co-sureties who are bound in different sums are liable to pay equally as far as the limits of their respective obligations permit.Illustrations(a) A, B and C, as sureties for D, enter into three several bonds, each in a different penalty, namely, A in the penalty of each10,000 rupees,
CA Bhuvnesh Kumar Goyal
Chartered Accountants
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9971782649
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