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Shyam Purchased 5000 Shares of Hope Ltd.(Public Ltd Co.) at the rate of Rs.9 per share Fully paid up. Shyam Paid the entire amount of Rs 45000 and Shares are not Yet Delivered in his Demat Account. Hope Ltd Contended that this contract was void by way of wager as it is a Speculative Transaction. Comment Whether the contract is Void, Voidable, Valid, also Comment whether Contention of Hope Ltd is Acceptable in Court of Law?
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Shyam Purchased 5000 Shares of Hope Ltd.(Public Ltd Co.) at the rate of Rs.9 per share Fully paid up. Shyam Paid the entire amount of Rs 45000 and Shares are not Yet Delivered in his Demat Account. Hope Ltd Contended that this contract was void by way of wager as it is a Speculative Transaction. Comment Whether the contract is Void, Voidable, Valid, also Comment whether Contention of Hope Ltd is Acceptable in Court of Law?
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Shyam Purchased 5000 Shares of Hope Ltd.(Public Ltd Co.) at the rate of Rs.9 per share Fully paid up. Shyam Paid the entire amount of Rs 45000 and Shares are not Yet Delivered in his Demat Account. Hope Ltd Contended that this contract was void by way of wager as it is a Speculative Transaction. Comment Whether the contract is Void, Voidable, Valid, also Comment whether Contention of Hope Ltd is Acceptable in Court of Law? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Shyam Purchased 5000 Shares of Hope Ltd.(Public Ltd Co.) at the rate of Rs.9 per share Fully paid up. Shyam Paid the entire amount of Rs 45000 and Shares are not Yet Delivered in his Demat Account. Hope Ltd Contended that this contract was void by way of wager as it is a Speculative Transaction. Comment Whether the contract is Void, Voidable, Valid, also Comment whether Contention of Hope Ltd is Acceptable in Court of Law? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Shyam Purchased 5000 Shares of Hope Ltd.(Public Ltd Co.) at the rate of Rs.9 per share Fully paid up. Shyam Paid the entire amount of Rs 45000 and Shares are not Yet Delivered in his Demat Account. Hope Ltd Contended that this contract was void by way of wager as it is a Speculative Transaction. Comment Whether the contract is Void, Voidable, Valid, also Comment whether Contention of Hope Ltd is Acceptable in Court of Law?.
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