i need a help to understand the meaning of assignment in mercantile law in this topic in assignment the benefit of a contract can only be assigned but not the liability thereunder. because the liability is assigned,a third party gets involved in it.thus a debtors cannot relieve himself of his creditors by assigning to someone else his obligation to repay the debt.

can anyone let me know if we r not able to remember the sections in law.......then how shud we start the answer..

and how shud be the presentation while writing case laws...??

thanks in advance..

plss HELP!!!!

Dear Experts,

Our company is tour packaging company and we arrange domestic & International tours.
my queries are

1) can we collect foreign currency (Hard
Cash) from indian residents for
foreign tours.

2) Can we pay (Hard Cash) the foreign
currency to indian representative of
foreign tour packaging company
situated at abroad.
can these transactions allowed under FEMA

can any 1 pls provide me the link or detail of amendement in sec 53 (electronic mode for d service of
document) of the cos. act 1956.

Thanks

define inchoate instrument in brief..

what is the meaning of truncated cheques and cheques in electonic form???

...

and also explain the sentence-
"a cheque is a bil of exchange drawnon a specified banker and payable on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form.....

Can anyone tell me pls whether dividend proposed and payed by a PVT LTD Co has to comply all the provisions mentioned in the Companies Act, 1956.
For eg: Transfer to Reverses, etc.

Salary for the purpose of PF means the entire Basic Salary or only upto the extent of Rs.6500/-

Eg. If say the Basic salary is Rs.10,000, is PF supposed to be deducted on the entire Salary of Rs.10,000 or can salary for that purpose be restricted to Rs.6,500?

Thanks in advance

can a bill of exchange be endorsed without acceptor being accepting it ?

KINDLY TELL ME THE PROCEDURE TO REGISTER THE COMPANY FOR PROVIDEND FUND & EMPLOYEES STATE INSURANCE.