Distinguish between Contract of Indemnity and Contract of
guarantee.
Answer Posted / l.veeraraghavan
Many Indian COurts have held that the creditor should first exhaust all the available means of recovery from the principal debtor before invoking the surety's liability under the contract.
Is This Answer Correct ? | 8 Yes | 5 No |
Post New Answer View All Answers
What would the English courts make of Antonio and Shylock's bargain from Shakespeare's The Merchant of Venice today? Would they enforce it?Why is the rule of law important?
if any employees "basic+ da" is more than 6500, then, it is mandatory for employer for epf deduction?
Should those who make the laws (i.e. politicians) and those who enforce the laws (i.e. judges) be kept separate?
To how much expect do you expect Counsel to do?
rights reguarding a private sale of goods not paid for in full and courier failling to collect correct amount of monies on cah on delivery
hi, mmy name is srinath and i am working in a company as contract basi, they said me that company is baring 8800rs on me and giving on hand salary of 7400rs, proffesional tax 80rs were mentioned inpayslip, am i suppose to pay ? because i am not a regular onroll employ of company please give me suggestion, on mail. rockstar.knl@gmail.com or number 9533373003,plz any body give the answer
Why direct tax as a field?
What is the difference between TDS & Service Tax?
what inventory and depreciation methods are used in by most tax accountants?
Please give an example solutions of Professional Tax Calculations?
Can any one please explain me a comparison between internal check, internal audit, internal control? (Auditing)
hi, the officer refused my visit visa b1/b2 due to 214b after i submitted for him my son american passport, after he knows that my son born in us while we were in us last trip. could you advise me what i have to do next interview
what is the full meaning & use of assessment?
TRANSACTION BETWEEN COUNTRIES(ie purchase from singapre and directly selling to other sitting in india) whether possible?
If a Manufacturer pruchases a raw material from a second dealer without getting invoices for availing cenvat credit, obviously he has to pay the excise duty when he completed his manufacturing process. then this does not amount to taxing on tax? What is the remedy available for such manufacturer in availing cenvat credit without invoices?