Termination of agency where agent has an interest in subject-matter Where the agent has himself an interest in the property which forms the subject-matter of the agency, the agency cannot, in the absence of an express contract, be terminated to the prejudice of such interest.Illustrations(a) A gives authority to B to sell A‟s land, and […]
Termination of agency —An agency is terminated by the principal revoking his authority; or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either the principal or agent dying or becoming of unsound mind; or by the principal being adjudicated an insolvent under the
Ratification of unauthorized act cannot injure third person An act done by one person on behalf of another, without such other person‟s authority, which, if done with authority, would have the effect of subjecting a third person to damages, or of terminating any right or interest of a third person,cannot, by ratification, be made to
Effect of ratifying unauthorized act forming part of a transaction A person ratifying any unauthorized act done on his behalf ratifies the whole of the transaction of which such act formed a part. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice |
Venture capital (VC) is generally used to support startups and other businesses with the potential for substantial and rapid growth. VC firms raise money from limited partners (LPs) to invest in promising startups or even larger venture funds. What Is a Venture Capitalist? A venture capitalist (VC) is a private equity investor that provides capital
Apart from depositing the tax the deductor also has to do TDS return filing. TDS return filing is a quarterly statement that is to be given to the Income Tax department. It is necessary to submit the TDS returns on time. TDS return filing can be done completely online. Once the TDS returns are submitted
Rajasthan Udyog Mitra Portal is an online portal developed by the State Government of Rajasthan. It is designed to facilitate the online MSME registration of new entrepreneurs. The new Micro, Small, and Medium Enterprises can avail of the benefits of exemptions by applying through the Rajasthan Udyog Mitra portal. MSMEs or Micro, Small, and Medium Enterprises play
A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights. What Is a Trademark? The term trademark refers to a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other
When a business pivots, it changes some aspects of its core products or services. Businesses may pivot to better meet customer demand, shift their target audience to boost sales, or a combination of both. What is a Pivot? A pivot is a significant price level known in advance which traders view as important and may make
Ministry of Commerce & Industry has approved the continuation Indian Footwear and Leather Development Programme (IFLDP) with an outlay of Rs. 1700 Crore till 31.03.2026. IFLDP aims at the development of infrastructure for the leather sector, addressing environmental concerns specific to the leather sector, facilitating additional investments, employment generation, and increase in Leather production. The
CA Bhuvnesh Kumar Goyal
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