meaning of a phrase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2010
sir,
greetings of the day!
Please clarify me the meaning of the below quoted phrase as i m unable to draw its clear meaning
"Language of the statute cannot be so precise to cover each and every possible situation"
Regards
greetings of the day!
Please clarify me the meaning of the below quoted phrase as i m unable to draw its clear meaning
"Language of the statute cannot be so precise to cover each and every possible situation"
Regards
08 May 2010
Meaning of this phrase is not really difficult.
In real professional life we have to face real situations which are totally unfolded as far as law makers are concerned.
Law makers can imagine certain situation based on their research and make rules and regulations for them. But to imagine each and every kind of possible situation is something impossible for anyone.
For example u must have heard the SATYAM SCAM. Who can imagine this kind of scam?
So after that scam there are certain changes in law for listed company from SEBI and ICAi.
Hope am able to bring some clarity.
In real professional life we have to face real situations which are totally unfolded as far as law makers are concerned.
Law makers can imagine certain situation based on their research and make rules and regulations for them. But to imagine each and every kind of possible situation is something impossible for anyone.
For example u must have heard the SATYAM SCAM. Who can imagine this kind of scam?
So after that scam there are certain changes in law for listed company from SEBI and ICAi.
Hope am able to bring some clarity.
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