What are conditions and warranties in contract of sale?

The contract of sale of goods contains certain terms/stipulations for fulfillment of that contract.  Such stipulations that are important for fulfillment of the contract are called “Conditions”.  Whereas the stipulations contained in the contract which may not be very essential for fulfillment of the contract are called warranties. Therefore, we may describe that the condition…

What are the latest guidelines on Priority sector lending and targets?

Updated up to :December 28, 2018 Categories under priority sector under revised guidelines:  As per RBI circular RPCD.CO.Plan.BC10/04.09.01/2014-15 dated July 1, 2014, Medium Enterprises, Social Infrastructure and Renewable Energy will form part of priority sector, in addition to the earlier existing categories like Agriculture,Micro Small enterprises,Export credit,education,housing loan, and others (credit to weaker sections). The…

Bank Holidays 2019: Holiday lists of all the states of India

Here you will find the statewise lists of  Public holidays/Bank Holidays declared by diferent states viz.1.Andhra Pradesh, 2.Arunachal Pradesh, 3.Assam, 4.Bihar, 5. Chhattisgarh,  6. Delhi, 7. Goa, 8.Gujarat,9. Haryana,10. Himachal Pradesh, 11.Jammu & Kashmir,  12. Jharkhand, 13.Karnataka, 14.Kerala, 15.Madhya Pradesh, 16. Maharashtra,  17. Manipur, 18. Meghalaya, 19.Mizoram,20. Nagaland,  21. Odisha, 22. Pudhucherry, 23.Punjab,  24. Rajasthan,…

Bank Holidays 2019: Puducherry

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory.  In other States and Union territories where it is not a holiday,…

Bank Holidays 2019: Himachal Pradesh

The following holidays declared under NI Act 1881 by the Government of Himachal Pradesh are applicable exclusively to the banks located within the State of Himachal Pradesh administration. List of Public Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 19.02.2019 Tuesday GURU RAVIDAS BIRTHDAY 3 04.03.2019 Monday MAHA SHIVRATRI 4 21.03.2019…