CA Success Path- Foundation

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As per the provision of the Indian Partnership Act, 1932, a document which contains various terms and conditions related to the relationship of partners to each other is called a partnership deed. The information contained in a partnership deed is as follows: 1) Name of the partnership firm. 2) …

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As per the provision of the Indian Partnership Act, 1932, in determining whether a group of persons is or is not a firm, or whether a person is or not a partner in a firm, regard shall be had to the real relation between the parties, as shown by all relevant facts taken together. For determining th…

As per the Indian Partnership Act, 1932, the registration of a partnership firm is not mandatory. An Indian partnership firm need not be registered from the beginning but can be registered during continuation also. But, if a partnership firm is not registered, it has to face some consequences: 1) N…

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Submit by 7 pm

As per the provision of the Sale of Goods Act, 1930, the right of stoppage of goods in transit means the right of stopping the goods after the seller has parted with the goods. After that, the seller regains possession of the goods. This can be exercised by an unpaid seller when he has lost his righ…

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The unpaid seller can exercise the right of resale under the following conditions: 1) Where the goods are of a perishable nature: In such a case, the buyer needs to be informed of the intention of resale. 2) Where he gives notice to the buyer of his intention to resell the goods: If, after the rec…

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As per the provision of the Sale of Goods Act, 1930, an unpaid seller has a right to institute a suit for price against the buyer personally. i) Where under a contract of sale, the property in the goods has passed to the buyer, and the buyer wrongfully neglects or refuses to pay for the goods, the s…

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As per the provisions of the Sale of Goods Act, 1930, the seller of goods is deemed to be an unpaid seller when: 1) the whole of the price has not been paid. 2) A bill of exchange or other negotiable instrument has been received as conditional payment, and it has been dishonoured. Right of stoppa…

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