Section 162 – THE INDIAN CONTRACT ACT, 1872

Termination of gratuitous bailment by death A gratuitous bailment is terminated by the death either of the bailor or of the bailee. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company […]

Section 161 – THE INDIAN CONTRACT ACT, 1872

Bailee’s responsibility when goods are not duly returned If, by the default of the bailee,the goods are not returned, delivered or tendered at the proper time, he is responsible to the bailor for anyloss, destruction or deterioration of the goods from that time Practice area’s of B K Goyal & Co LLP Income Tax Return

Section 160 – THE INDIAN CONTRACT ACT, 1872

Return of goods bailed, on expiration of time or accomplishment of purpose It is the duty of the bailee to return, or deliver according to the bailor‟s directions, the goods bailed, without demand, assoon as the time for which they were bailed has expired, or the purpose for which they were bailed hasbeen accomplished Practice

Section 159 – THE INDIAN CONTRACT ACT, 1872

Restoration of goods lent gratuitously The lender of a thing for use may at any time require its return, if the loan was gratuitous, even though he lent it for a specified time or purpose. But if, on the faith of such loan made for a specified time or purpose, the borrower has acted in

Contract manufacturing

dynamic business landscape, companies are continually seeking innovative ways to optimize their production processes. One such strategy that has gained remarkable popularity in recent years is contract manufacturing. This business practice allows businesses to collaborate with specialized contract manufacturers to produce goods, components, or products. In this article, we will explore the essential aspects of

Gujarat RERA Registration for Project

Under the Real Estate (Regulation and Development) Act 2016,the Government of Gujarat established the Gujarat Real Estate Regulatory Authority (GUJRERA), for the promotion and regulation of the real estate sector in the state. The Authority’s main mission is to provide a secure, transparent, trustworthy and sustainable real estate regulatory environment that encourages investment while protecting consumers. Under the

Composition of the board of directors under company law

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

What is Registered Design

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

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

Section 158 – THE INDIAN CONTRACT ACT, 1872

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