12Oct 2018 by admin

Essay on ‘Karta’ of a Hindu Joint Family

Management
The joint family system under the Hindu Law is a patriarchal organization. The head of the joint family is known as Karta (Manager); and the senior-most male member of the family will be the Karta. As a head or manager, he is the representative of the family, and acts for, or, on behalf of the family. Generally, where a family consists of father and his children, father will act as Karta or in the absence of father; next senior-most member will be Karta.However, it is open to the senior member to give up his right of being Karta, in such case, next senior member becomes Karta. But, a woman member is not competent to act as Karta, because a woman cannot be a coparcener. However, a minor may act as…
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11Oct 2018 by admin

10 General Powers of a Karta of Hindu Joint Family

Management
General Powers of a Karta of Hindu Joint Family are as follows:The powers of Karta in joint family property is not larger than a coparcener in the family nor has the Karta larger right to enjoy tine same than any other coparcener. He does not get any remuneration for the services he renders in family.The followings are the general powers of Karta of a joint Hindu family:— ADVERTISEMENTS: (1) Power over income and expenditure;(2) Power to manage joint family business;(3) Power to contract debt for family purposes;(4) Power to enter into contracts; ADVERTISEMENTS: (5) Power to refer to arbitration;(6) Power to enter into compromise;(7) Power to give discharge;(8) Power to acknowledge debts; ADVERTISEMENTS: (9) Power to represent in suits;(10) Power of alienation of joint family property. Image Source: upload.wikimedia.org (1)…
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11Oct 2018 by admin

Section 409 of Indian Penal Code, 1860 – Explained!

Management
Legal Provisions of Section 409 of Indian Penal Code, 1860.Criminal breach of trust by public servant, or by banker, merchant or agent:Criminal breach of trust by a public servant, or by a banker, merchant or agent etc. has been made punishable under this section. It says that whoever being in any manner entrusted with either property or dominion over property in his capacity either of a public servant or in the way of his business as a banker, merchant, factor, broker, attorney or agent, commits criminal breach of trust in respect of that property, shall be punished with imprisonment for life, or with simple or rigorous imprisonment for a term extending up to ten years, and shall also be liable to fine. Image Source: newsniranthara.com ADVERTISEMENTS: The accused under this…
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11Oct 2018 by admin

Section 403 of Indian Penal Code, 1860 – Explained!

Business
Legal Provisions of Section 403 of Indian Penal Code, 1860.Dishonest misappropriation of property:This section defines and punishes the offence of dishonest or criminal misappropriation of property. It says that whoever either dishonestly misappropriates, or dishonestly converts to his own use, any movable property, Shall be punished with simple or rigorous imprisonment for a term extending up to two years, or with fine, or with both. Image Source: petelandrysrealgas.com ADVERTISEMENTS: It is clear from the language of the section that the offence of criminal misappropriation of property can be committed only with respect to a movable property and not against an immovable property. The offender must dishonestly misappropriate such property or must dishonestly convert to his own use such property.In either case, dishonest intention on the part of the offender must…
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11Oct 2018 by admin

6 Important Guiding Principles You Must Follow When Starting a New Hospital Business

Business
A hospital is responsible to render an essential service. In fulfilling this responsibility, hospital planning should be guided by certain universally acknowledged principles. The principles are useful irrespective of the level of planning, i.e. whether at the national level, state level or individual hospital level. image source: mms.businesswire.comThese principles were developed in the context of the American system of hospitals but have relevance and usefulness to hospital planning in India, and they are as relevant today as they were over five decades ago. (i) Patient Care of a High Quality: ADVERTISEMENTS: Patient care of a high quality should be achieved by the hospital through adopting following measures.1. Provision of appropriate technical equipment and facilities necessary to support the hospital’s objectives.2. An organisational structure that assigns responsibility appropriately and requires accountability…
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10Oct 2018 by admin

Short Speech on “Disaster” (250 Words)

Management
Disaster is a calamity of sudden occurrence, a catastrophe causing injury and death to a large number of people during a short span of time. image source: newsnetwork.mayoclinic.orgDisasters have resulted from one or more primary causes or hazards] such as an earthquake, heavy rainfall, hurricane, chemical accident, drought, or armed conflict. ADVERTISEMENTS: Some hazards e.g. earthquake and hurricane kill and injure many people at the time of impact. Often, however, the greatest toll on humankind is due to secondary effects such as flooding, fires, famine and multitude of refugees.In general, the primary cases of disasters are not preventable. Their secondary effects however are amenable to prevention, or at least mitigation.WHO defines a disaster as any occurrence that causes damage, economic disruption, loss of human life and deterioration of health and…
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10Oct 2018 by admin

Section 283 of Indian Penal Code, 1860 – Explained!

Business
Legal Provisions of Section 283 of Indian Penal Code, 1860.Danger or obstruction in public way or line of navigation:Causing danger, obstruction or injury in any public way or public line of navigation has been made an offence under this section. The section states that whoever either causes danger, or obstruction or injury to any person in any public way or public line of navigation, by either doing any act, or by making an omission to take order with any property which is in his possession or under his charge, shall be punished with fine extending up to two hundred rupees. Image Source: icsm.gov.au ADVERTISEMENTS: There must be an act done, or an omission to take order with any property which is in possession or under the charge of the accused.…
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10Oct 2018 by admin

What do you understand by Family Wakfs or Wakfs for Alal-Aulad?

Industry
The family wakfs or wakfs for alal-aulad are primarily based on ijma, though a tradition of the Prophet is also cited in their favour. The Prophet is reported to have said, “When a Muslim bestows on his family and kindred, hoping for reward in the next world, it becomes alms, although he has not given to the poor, but to his family and children”. Image Source: 2.bp.blogspot.com ADVERTISEMENTS: Writing after the Privy Council decision in Abdul Fata Md. v. Russomony Dhur Chowdhary (in which family wakfs were held void) with much fervour and zeal, Ameer Ali wrote thus about family wakfs: “From the promulgation of Islam upto the present day there has been an absolute consensus of opinion regarding the validity of wakfs for one’s children, kindred and neighbours. Practical…
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10Oct 2018 by admin

Disclosure of Identity of Victims of Certain Offences (Section 228A of IPC)

Management
Legal provisions regarding Disclosure of Identity of Victims of Certain Offences under section 228A of Indian Penal Code, 1860.Disclosure of Identity of Victims of Certain Offences: “(1) Whoever prints or publishes the name or any matter which may make known the identity of any person against whom an offence under Section 376, Section 376-A, Section 376-B, Section 376-C, or Section 376-D is alleged or found to have been committed (hereafter in this Section referred to as the victim) shall be punished with imprisonment of either description for a term which may extend to two years and shall also be liable to fine. Image Source: yag-u.com ADVERTISEMENTS: (2) Nothing in sub-sec. (1) extends to any printing or publication of the name or any matter which may make known the identity of…
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09Oct 2018 by admin

Falsification of Accounts (Section 477A of IPC)

Marketing
Legal provisions regarding Falsification of Accounts under section 477A of Indian Penal Code, 1860.Falsification of Accounts: Image Source: img846.imageshack.us“Whoever, being a clerk, officer or servant, or employed or acting in the capacity of a clerk, officer or servant, wilfully and with intent to defraud, destroys, alters, mutilates or falsifies any book, electronic record, paper, writing, valuable security or account which belongs to or is in the possession of his employer, or has been received by him for or on behalf of his employer or willfully and with intent to defraud, makes or abets the making of any false entry in, or omits or alters or abets the omission or alteration of any material particular from or in, any such book, electronic record, paper, writing, valuable security or account, shall be…
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