The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption. The SGB offers a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest. SGB is free from issues like making charges and purity in the case of gold in jewellery form. The bonds are held in the books of the RBI or in demat form eliminating risk of loss of scrip etc.
Tag: What Is
What is the meaning of ‘in the interests of justice’
Justice is a principle which regulates the distribution of things, valued by men awarding them to some, denying them to others. It is, at the same time, a principle whereby each man's worth is appraised. Justice gives to "every one that which is his." It is not a free gift from the Court.
Instigating any person- What is instigation ? Explain
To constitute “instigation”, a person who instigates another has to provoke, incite, urge or encourage doing of an act by the other by “goading” or “urging forward”. Section 306 of the IPC reads as under : “306. abetment of suicide…
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What is the ingredients of Section 498-A of IPC ?
In the case of Girdhar Shankar Tawade vs. State of Maharashtra (2002) 5 SCC 177, this Court gave a succinct enumeration of the object and ingredients of Section 498-A, IPC, when it observed as follows in paras 3 and 17…
What is failure of justice in reference with criminal cases ?
A conviction would be valid even if there is any omission or irregularity in the charge, provided it did not occasion a failure of justice. (2011) 1 SCALE 114 : (2011) 2 SCC 47 : (2011) 1 SCR 110…
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What is ‘Direction’ issued by Court and its relation with Obiter Dicta
Arun Kumar Aggarwal Versus State of Madhya Pradesh and Others -Scope of the expression 'direction' issued by the Court AIR 2011 SC 3056 : JT 2011 (10) SC 167 : (2011) 9 SCALE 608 SUPREME COURT OF INDIA Arun Kumar Aggarwal Versus…
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What is the meaning of Law and Order ?
While the expression 'law and order' is wider in scope inasmuch as contravention of law always affects order. 'Public order' has a narrower ambit, and public order could be affected by only such contravention which affects the community or the public at large.
What is the true legal position in the matter of proof of wills?
where a will is charged with suspicion, the rules enjoin a reasonable scepticism, not an obdurate persistence in disbelief. They do not demand from the Judge, even in circumstances of grave suspicion, a resolute and impenetrable incredulity. He is never required to close his mind to the truth
What is the object of examination of an accused under Section 313 of the Code?
The one category of offences which is specifically exempted from the rigour of Section 313(1)(b) of the Code is “Summons cases”. It must be remembered that every case in which the offence triable is punishable with imprisonment for a term not exceeding two years is a “summons case”
What are the Principles to be followed under Section 164 Code of Criminal Procedure.
The following principles emerge with regard to Section 164 Code of Criminal Procedure.: (i) The provisions of Section 164 Code of Criminal Procedure must be complied with not only in form, but in essence. (ii) Before proceeding to record the…
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What are Justifications, Excuses, and Mitigating Factors in Crimes
If a defendant can prove a successful justification for his actions, he will be fully cleared from criminal liability. In case of excuse, the act is considered criminal unlike justification but the accused person shall be spared from the consequences…
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What is Goodwill
In Ramnik Vallabhdas Madhvani and others Versus Taraben Pravinlal Madhvani[AIR 2004 SC 1084 : (2003) 5 Suppl. SCR 230 : (2004) 1 SCC 497 ] “goodwill”, as Lord Machaghten described 'a thing very easy to describe, very difficult to define', in Inland…
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