Forwarded from CA INTER NOTES & UPDATES
#CASE_STUDY_1
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๐ธCase study Series
๐M/s X limited is a company having paid up share capital of Rs.1 Crore (which gives right to total 50,000 votes)
๐M/s Y limited holds 45% voting power of M/s X limited
๐M/s Z limited holds 20% voting rights in X limited
๐M/s XYZ limited holds 75% voting rights in Y Limited and 60% voting rights in Z limited
๐M/s X limited is subsidiary of __
๐ธJoin โก๏ธ @CAInterExam
๐ธCase study Series
๐M/s X limited is a company having paid up share capital of Rs.1 Crore (which gives right to total 50,000 votes)
๐M/s Y limited holds 45% voting power of M/s X limited
๐M/s Z limited holds 20% voting rights in X limited
๐M/s XYZ limited holds 75% voting rights in Y Limited and 60% voting rights in Z limited
๐M/s X limited is subsidiary of __
Forwarded from CA INTER NOTES & UPDATES
Forwarded from Mission CA Inter ๐
#CASE STUDY 1
๐ธ@Mission_CA_Inter๐ธ
๐ธCase Study Series๐ธ
Mr. Ram is a resident of Navi Mumbai, Due to the spread of COVID 19, he decided to leave Mumbai and go back to his parental village near Indore, while leaving Mumbai he handed over keys of his house, and Scooter to his neighbour (Mr. Suresh), it was implied from their past relationship that Mr. Suresh can use Mr. Ramโs scooter for his day to day needs. Mr. Ramโs Car is also parked in his house but the keys of Car were not handed over to Mr. Suresh but kept by Ram with himself. While leaving Mr. Ram asked Mr. Suresh to take care of car as well. The scooter was being used my Mr. Suresh for day to day activities, on a particular day Mr. Suresh decided to go to Matheran (hill station 150 Km/s away from Mumbai). While going to Matheran the scooter met with an accident (due to fault in its clutch), it caused injuries to Mr. Suresh and also damage to the scooter. Mr. Ram had never informed Suresh about the clutch issue as he himself was also not aware about the clutch issue. Mr. Ram is intending to recover damages from Suresh for the loss caused to his scooter whereas Suresh is intending to recover damages from Ram for injuries caused to him due to faulty clutch.
Answer following questions based upon the above case (next 4 MCQโs on the basis of this case)
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โโธ โoin t.me/Mission_CA_Inter
ฤฆฮPPยฅ ลลฆแปฎฤยฅ าโฌโฌP ลฤฆฮลIลGโค๏ธ
๐ธ@Mission_CA_Inter๐ธ
๐ธCase Study Series๐ธ
Mr. Ram is a resident of Navi Mumbai, Due to the spread of COVID 19, he decided to leave Mumbai and go back to his parental village near Indore, while leaving Mumbai he handed over keys of his house, and Scooter to his neighbour (Mr. Suresh), it was implied from their past relationship that Mr. Suresh can use Mr. Ramโs scooter for his day to day needs. Mr. Ramโs Car is also parked in his house but the keys of Car were not handed over to Mr. Suresh but kept by Ram with himself. While leaving Mr. Ram asked Mr. Suresh to take care of car as well. The scooter was being used my Mr. Suresh for day to day activities, on a particular day Mr. Suresh decided to go to Matheran (hill station 150 Km/s away from Mumbai). While going to Matheran the scooter met with an accident (due to fault in its clutch), it caused injuries to Mr. Suresh and also damage to the scooter. Mr. Ram had never informed Suresh about the clutch issue as he himself was also not aware about the clutch issue. Mr. Ram is intending to recover damages from Suresh for the loss caused to his scooter whereas Suresh is intending to recover damages from Ram for injuries caused to him due to faulty clutch.
Answer following questions based upon the above case (next 4 MCQโs on the basis of this case)
โโโโโ โข.โฐ.โข โโโโโ
โโธ โoin t.me/Mission_CA_Inter
ฤฆฮPPยฅ ลลฆแปฎฤยฅ าโฌโฌP ลฤฆฮลIลGโค๏ธ
Forwarded from Mission CA Inter ๐
Forwarded from Mission CA Inter ๐
#case study 1
#MCQ 2
Was the bailer under obligation to inform defects in the scooter which might cause danger to the bailee
#MCQ 2
Was the bailer under obligation to inform defects in the scooter which might cause danger to the bailee
Anonymous Quiz
31%
Yes, since In every type of bailment bailor must inform all the defects to the bailee
27%
Yes, since this is a non gratuitous bailment and all the defects must be informed to the bailee
37%
No, since the bailor himself was not aware about the defects
5%
None of above
Forwarded from Mission CA Inter ๐
Forwarded from Mission CA Inter ๐
Anonymous Quiz
53%
Yes
47%
No