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Basic elements of Value – Demand, Utility, Scarcity, and Transferability

BANKS/ EMPANELMENT, EDUCATION SERIES, VALUATION NEWS /

Basic elements of Value – Demand, Utility, Scarcity, and Transferability Following are the  4 essential elements to consider when determining the value of real estate: S.T.U.D. Elements of Determining Real Estate Value Scarcity: Even if a thing has utility, it is not valuable unless it is scarce. Air is certainly useful for breathing but is […]

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INFORMATION ON  CONTRACTS & JOINT VENTURES USEFUL FOR EXAMINATION PURPOSES : COMPILED BY ER VAIBHAV BANSAL

EDUCATION SERIES, ER VAIBHAV BANSAL, News & Events, VALUATION NEWS /

INFORMATION ON  CONTRACTS & JOINT VENTURES USEFUL FOR EXAMINATION PURPOSES COMPILED BY VR VAIBHAV BANSAL CONTRACT A contract defined under Section-2(h) of The Contract Act, 1872(hereinafter referred to as “the act”) means “any agreement which is enforceable by law”. Contracts can be written by using formal or informal terms or could be entirely verbal or

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TOP IAS OFFICER RAVI MITTAL APPOINTED AS NEW IBBI CHIEF

BANKS/ EMPANELMENT, VALUATION NEWS /

The Union government on Thursday cleared the appointment of senior administrator and Bihar- cadre IAS officer Ravi Mittal as chairman of Insolvency and Bankruptcy Board of India. Ravi Mittal, former secretary at the Department of Sports, is likely to take over as the chairman of the Insolvency and Bankruptcy Board of India (IBBI), according to

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WATER (PREVENTION AND CONTROL OF POLLUTION) ACT 1974 SALIENT FEATURES

LAND & BUILDINGS, VALUATION NEWS /

Introduction The Act came into force in 1974 and is applicable to the states of Assam, Bihar, Madhya Pradesh, Gujrat, Haryana, Tripura, West Bengal, Jammu and Kashmir, Rajasthan, Kerala, and the union territories. It could also be adopted by any state through a resolution passed declaring to adopt the Act. The Water (Prevention and Control)

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ENVIRONMENTAL PROTECTION ACT 1986 SALIENT FEATURES

VALUATION NEWS /

ENVIRONMENTAL PROTECTION ACT (1986) This act was promulgated in 1986. It is, therefore, known as the environment (Protection) Act, 1986. Objectives: The Environmental Protection Act, 1986 (EPA) was passed with the following objects: (i) It was enacted to implement the decisions which were made at the United Nation Conference on the Human Environment held at

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DUTIES OF THE INSURER

VALUATION NEWS /

Duty to defend the insured Duty to gain the insured’s cooperation The insurer’s duty of good faith and fair dealing The duty to settle claims and the effect of failure to settle Privacy Protection Pay Benefits Risk Assessment Reserves for Policy Duty to defend the Insured  Moreover, an insurer may owe a duty to defend

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