Premium Essay

Air Conditioner

In:

Submitted By pkthakur
Words 1652
Pages 7
Professor: Mr. Manish

BY: Himanshu Bhatia JL12PGDM073 PGDM Sec -B

Mortgage
Mortgage has been defined in Section 58(a) of Transfer of Property Act as "the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability"
It works on the simple idea of lien over another's property and is effected as an instrument between the lender and borrower. The borrower seeks a loan against the security of his property. This is done by transferring an interest of the immovable property to the lender and it entails pecuniary/financial liability as well. The person who advances loan against security is referred to as the 'mortgagor' and the one who seeks loan is the "mortgagee".
Mortgages can be on any freehold or leasehold immovable property.
Definitions:
1. Debt / Mortgage Money: The principal borrowed from the lender. The borrower in addition to the principal has to pay the interest levied on it. 2. Redemption: It means that the interest transferred to the mortgagee during the transaction at the time of the execution of mortgage would be vested back in the mortgagor at the time of recovery. 3. Mortgage Deed: It is a legal instrument in accordance with the mortgage law in India and duly stamped under Indian Stamp Act, 1889. It is legally binding on both parties in the mortgage deal. It contains details of the property owner, location of the property, size of property, amount of mortgage, interest payable and time duration. It also contains conditions upon which loan is agreed against property.
Procedure of effecting a Mortgage 1. The mortgage deed is marked with the rights and obligations of both parties. 2. The borrower with receives

Similar Documents

Premium Essay

Consumer's Attitute Towards Air Conditioners

...A Project Report On ―Consumer attitude towards Air Conditioner‖ of Undertaken At Bachelor of Business Administration (B.B.A) Semester – 6 Submitted By: Patel Niraj R T.Y.B.B.A ROLL NO: (26) Guided By: Aatish Patel AMBABA COMMERCE COLLEGE & MANIBA INSTITUTE OF BUSINESS MANAGEMENT SABARGAM (January to March) Maniba institute of business management 1 COLLEGE CERTIFICATE This is to certify that the project entitled Summer Report Title ―Consumer attitude towards Air Conditioner of BLUE STAR‖ under taken at JAY AIR SYSTEM PVT.LTD. Submitted by NIRAJ PATEL in partial fulfillment of the requirement of VEER NARMAD SOUTH GUJARAJ UNIVERSITY, SURAT in record of bonofide study work carried out by AATISH PATEL under my supervision. The project or any part of it has not been previously submitted for any degree. I/c Principal Dr. Yogesh N Vansiya Ambaba Commerce College & MIBM, Sabargam Date: Place: Sabargam. Maniba institute of business management 2 Maniba institute of business management 3 DECLARATION I declare that the project entitled Jay Air System Pvt.Ltd „Submitted in partial fulfillment of the requirement of VEER NARMAD SOUTH GUJARAJ UNIVERSITY, SURAT in record of bonofide study work carried out at Ambaba Commerce College & Maniba Institute of Business Management, Sabargam. The project or any part of it has not been previously submitted for any degree. Signature of Student Date: Place: Sabargam. Maniba institute of business management...

Words: 8153 - Pages: 33

Free Essay

Lg Report

...SUBSIDIARIES • LG Display, is one of the largest manufacturer of liquid crystal displays p y • In 2006, the company's mobile phone division, LG Mobile, marketed the LG Chocolate TM phone, changing the company's i ' image of th maker of thi k 3G phones. f the k f thick h • Focuses on the design and marketing of phones such as the LG Shine and LG Prada (KE850 ( • The company was picked as 'The Design Team of the Year' by the Red Dot Design Award in 2006~2007 • Called the 'New Apple' or 'New Sony' in the industry and online communities • S Sponsor E li h Premier League club -Fulham FC. English P i L l b F lh LG ELECTRONICS - ORIGIN Established in 1958 as GoldStar, producing radios, TVs, g , g , refrigerators, washing machines, and air conditioners. Merger of two Korean companies, Lucky and GoldStar, from which the abbreviation of LG was derived Before having the title LG – The p household products were sold under the brand name – Lucky, and the electronic products sold under the name Goldstar In 1995, GoldStar was renamed 1995 LG Electronics, and acquired Zenith Electronics of the United States. LG – ELECTRONICS – BUSINESS DIVISIONS Mobile communications Currently number five, LG Electronics is expected to become...

Words: 4438 - Pages: 18

Free Essay

General Electric

...Before Operation 7 NOTE: Your air conditioner may differ from the one shown. Parts supplied: Check that all parts are included in parts package. A. Top channel B. Foam seal C. Side brackets (2) D.Window lock bracket ” screws (3) E. F. ” screws (9) G. Side curtains (2) H.Side curtain frames (2) I. Remote control A B E C D F G H I Gather the required tools and parts before starting installation. Read and follow the instructions provided with any tools listed here. Tools needed Phillips head screwdriver Flat-blade screwdriver Scissors Level Tape measure Cordless drill and 1/8” bit Pencil Pliers Socket wrench and sockets Adjustable wrench Location Requirements IMPORTANT: Observe all governing codes and ordinances. Check the location where the air conditioner will be installed. Make sure you have everything necessary for correct installation. The location should provide: 5000-8000 BTU:Grounded electrical outlet within 6 ft (183 cm) of where the power cord exits the air conditioner. NOTE: Do not use an extension cord. NOTE: Do not use an adapter plug. Free movement of air in room to be cooled. A large enough opening for the air conditioner. Installation parts are supplied for double-hung windows. Adequate wall support for weight of air conditioner. Air conditioner weighs 44 lbs to 70 lbs (20.0 kg to 31.8 kg). NOTE: Cabinet louvers must not be obstructed. Air must be able to pass freely through the cabinet louvers. A A. Cabinet louvers Window...

Words: 2954 - Pages: 12

Free Essay

Coal of Pakistan

...OF MATERIAL FOR ACID GAS INJECTION WELL SUI DEVELOPMENT GEYSERS 30 GALLONS FOR QAMAR HOUSE AND NEWLY CONSTRUCTED ROOMS OF (JE DRIILING MESS) TV SETS 40 " FOR JE DRILLING MESS COOKING RANGE FOR QAMAR HOUSE SPLIT AIR CONDITIONERS 1.5 TONS FOR QAMAR HOUSE AND SD OFFICE FORK LIFTER 5 TONS CAPCITY FOR SD STORE PRIME MOVER WITH 40 FT FLAT BED TRAILERS FOR SD GARRAGE WOODEN SOFA SET (5 SEATER) FOR CS MESS CONSTRUCTION OF RCC ABULUTION BLOCK IN SD LABOR BARRACKS FOUR WARANDAS IN FRONT OF NEWLY CONSTRUCTED LABOUR BARRACKS RCC GODOWN -3 (70' X 40') FOR DRILLING MATERIAL AT SD STORE G.I SHED (75' X 54') OVER PLATFORM NO 4 & 5 AT SD STORE COOL ROOMS -2 (SIZE 33' X 22') AT SD STORE DRIVER SITTING ROOM AT SD GARRAGE RCC MESS BLOCK SIZE (36' X 18') FOR CS STAFF OF SD AT LABOUR BARRACKS DEVELOPMENT DRILLING DOWNHOLE EQUIPMENT FOR ONE SUI WORKOVER WELL (DUAL STRINGS) WELLHEAD SPARES FOR SUI WORKOVER WELL DOWNHOLE COMPLETION FOR WORKOVER OF SUI WELL (DUAL STRING) DOWNHOLE COMPLETION FOR WORKOVER OF SUI WELL (SINGLE STRING) TUBING HEAD & X'MAS TREE FOR WELL SUI-96 (M) DOWNHOLE COMPLETION FOR WELL SUI-96 (M) SFGCS UPGRADING HP-COMPRESSORS WALKIE TALKIE SETS H2S GAS MONITIOR OXYGEN (O2) MONITOR MAGNETIC DRILL MACHINE AIR CONDITIONING UNIT CAPACITY 25 TON AIR CONDITIONER-SPLIT TYPE 1.5 TON EX INTRINSICALLY SAFE TRUE-RMS MULTIMETER BENCH POWER SUPPLY PLC PROGRAM CONFIGURATOR FOR NITROGEN PACKAGE SUPPLY INSTALLATION & COMMISSIONING OF JOKEY PUMP REPLACEMENT OF STARTING SYSTEM FOR TURBO...

Words: 1794 - Pages: 8

Free Essay

Why Waste

...Why waste? Living in the United States we have many things at our convenience, so we tend to be wasteful. Working in a group home, I see electricity, water and food wasted instead of teaching everyone ways to prevent waste. Electricity is one of the biggest waste I see in the house. When I enter the front door, I can feel a nice cool draft. One of the men who lives there, has his door open, with the air conditioner on full blast. Walking into the common area, I hear about four different genres of music and different television shows playing. I can see the house is lit up like a Christmas tree. Every room has a light on even the empty rooms. All four individuals who reside there have their televisions on and radios playing. Staff is watching television in the living room, and the radio in the common area is playing low. The house is room temperature with the central air conditioner on, but the backdoor is open to let the cool air out. Everyone needs to make it a point to switch lights, air conditioners, radios, and televisions and other appliances when they are not needed on. It takes less than a second to throw a switch. Not wasting electricity reduces the bill appreciably. Why pay for the electricity we are not using? In the evening time is when I notice another big waste, water. It is as if someone turned on a sound machine and chose to play the soothing waterfall sound. The housemates are doing dishes, cleaning the kitchen, dining room and fridge separately with the water...

Words: 677 - Pages: 3

Free Essay

Walton

...class machineries like Thermoforming, Channel Extrusion, ABS/HIPS Sheet Extrusion, Magnetic Strip Extrusion, PP Hollow Sheet Extrusion, VMC, 5 axis VMC, Ultrasonic Welding, Injection Molding, Styrofoam Making, Hi Speed Power Press, Fin Press, Corrugation, SMT pick and place, SPG printing machine, AOI machine, Tamura wave solder machine, Auto insertion machine are being used for the production of high quality products of Walton. Along the way, Walton has earned domestic and global recognition for its experience and proven track record in a variety of electronics fields. Walton is the pioneer of developing state of the art designs and modern technology having leading market share specializing in Multi-Stored Refrigerators, Freezers, Air Conditioners, LED/ LCD televisions, Motorcycles, Smart Phones and Home Appliances. Crossing local boundaries, Walton brands are recognized globally exporting more than 17 countries and by 2020 the presence of Walton will be ensured almost every country in the world. Walton's Innovation is dedicated to building a more advanced society through the fusion of sophisticated technologies having the capacity of 3.00 million refrigerator, 0.30 million...

Words: 698 - Pages: 3

Free Essay

Pepsi Company

...multi-staged Refrigerator, Freezer, Air Conditioner, Television and Motorcycle technology. R. B. GROUP (Business Conglomerate) is one of the top business groups in the country operating with a great reputation since 1977. Walton has become a sensation in the arena of Electrical, Electronics, and Automobile & Home Appliances industries and is signified as one of the top manufacturing plant in Bangladesh and South Asia. Walton is manufacturing every product with latest technology, innovative design, excellent quality and a wide range of models & capacities. The main products of Walton are; (1) Motorcycle (2) Refrigerator & Freezer (3) Air Conditioner (4) Mobile Phone (5) Television (3D LED, Smart TV, LED, LCD, CRT) (6) DVD Player (7) Microwave Oven & Steam Oven, (8) Washing Machine (9) Iron (10) Domestic and Industrial Generator & (11) Various kinds of home appliances (Blender, Juicer, Grinder, Rice & Pressure Cooker, Washing Machine, Electric Kettle, Induction Cooker, Sewing Machine, Hair Dryer) etc. Walton Hi-Tech Industries Ltd. and other sister concerns are furnished with a strong Research and Development (R&D) division comprising a large team of 12000 accomplished employees and 600 plus highly skilled dedicated engineers & technical personnel from home and abroad. Walton HIL has a fully equipped industrial set-up with annual production capacity of 1.4 million Refrigerators and Freezers, 0.3 million Motorcycles, 0.3 million Air Conditioners, 1.0 million Televisions (3D, LED...

Words: 438 - Pages: 2

Premium Essay

Consumer Durables

...International Journal of Management & Strategy,July-Dec.2010 Vol.1No.1 CONSUMER PURCHASE OF CONSUMER DURABLES: A FACTORIAL STUDY Hitesh D. Vyas,Ph.D., Bhavnagar University,India ABSTRACT “Many things that were considered as luxuries till about ten years ago have become necessities for most people today.” And in case of household goods consumption it has happened also, as scooter were luxury at once becomes necessity now. The present study is focused on a study of important factors and sources of information in purchase of consumer durables. This is an exploratory study using primary data collected through purposive sampling method with an adequate sample size of 100 household respondents of Bhavnagar city. It reveals that Company or Brand Name, guarantee / warrantee, Price, and After Sales Service are the important factors in purchase of durables. While, sources of important information authorized dealers’ shop, technical expert advice, role of TV as media and influence of friends, relatives and neighbors found important in purchase of durables by respondents. Keywords: Consumer Behaviour, Durable Products, Important Factors, Sources of Information, Buying Decisions. INTRODUCTION Marketing is seen as the whole business from the point of view of its final result, that is, from the customer’s point of view (Peter Drucker, 1986). The consumer is king in age of consumerism (McGuire, 2000). The term consumer behaviour defines as, state “the behaviour of consumers in deciding...

Words: 4388 - Pages: 18

Free Essay

Study

...Are these gadgets really worth all this hype and sensationalism? The markets nowadays are high on the gadget-o-meter.People, especially children and teenagers are competing against each other as to who is more tech-savvy. But we have failed to see the other side of gadgets. Today, every child is glued to the plasma TV set his parents gifted him on his 7th birthday instead of being out there in the park, playing football with his friends. As a result, children have turned themselves into useless couch potatoes. Thanks to e-mailing, people have forgotten how to write letters. Due to this one's creative potential is not being fulfilled. We are very proud to switch on our state-of-art air conditioners whenever we feel even a little warm. But we are blind to the fact that the same air conditioner is causing huge holes in the O-zone layer. So, gadgets do not exactly replicate our life to heaven.On the contrary, they turn us into overdependent fools. So, think again, before you take out your wallet to pay for that latest gadget. And yes, start moving your limbs a...

Words: 262 - Pages: 2

Free Essay

Bharatiyasims.Com Consumer Electronics

...Company You are handed over the management of a manufacturing of a Home Appliances company with interests all over the world but based in Bhartiya. The group has 5 manufacturing sites in Bhartiya and operations in China, Hungary, Spain and Mexico. Since 1998, it has expanded its operations globally, especially in the South East Asia. Product line – Looking at the evolution of consumer durables industry and your company, Board of Directors have identified four major products to be focused. 1. Conventional TV (CTV) CTV is the most popular forms of CRT Tube TV that initiated the process of TV viewing. They have curved shape glass tube screens and have gone through the transition from Black & White Tube to Colour Tube. Historically the growth in this segment has been robust but in the recent years it’s slowing down. Your Company is working on to bring revolutionary advancement in CTV by introducing new Slim & Sleek Television. Slim & Sleek Television will have a super slim picture tube technology, that will make TV 40% Slimmer. Slim Picture tube is a product with reduced depth providing the TV and monitor producers with opportunity to design Slim, flat and stylish TVs comparable to plasma or LCD panels maintaining Good picture Quality. 2. Flat Panel Display (FPD) Flat Panel TV’s are the biggest revolution since the introduction of Colour TV’s and will eventually replace the conventional TV’s. You can hang flat sets on the wall, on the ceiling...

Words: 812 - Pages: 4

Free Essay

Westjet

...Mark is a maintenance worker at a large post secondary institution. He is one of four general maintenance workers. The work unit also consists of a maintenance mechanic and ten cleaning staff. All staff are unionized. Curtis is the building manager in charge of the work unit and maintenance of the facility. Mark began working at the building six years ago. At that time Steve was the manager. Mark quite liked Steve as a manager and how he ran the facility, as did most of the staff. He was very open and used a participative style of management. Steve also quite liked Mark and even informally hinted that he would be hand picked to take over as building manager when he retired. However, one year ago when Steve did retire, the organization ended up hiring Curtis, who was a tradesperson at another building. Once Curtis took over, he began to implement a number of changes to how work was done in the facility. He implemented maintenance requests and logs to prioritize and track all work done in the facility. Previously much of the requests were taken verbally and not tracked or recorded. Curtis wanted to ensure all maintenance was properly tracked and prioritized by management rather than having staff decide themselves what to make a priority. He also restructured the maintenance workers and made the maintenance mechanic, Bill, the supervisor of the other maintenance workers. This was done as the management duties of the building manager role had expanded to the point where Curtis...

Words: 607 - Pages: 3

Premium Essay

Social Responsibly of Business Argument

...Social Responsibly of Business Argument PHI 103: Informal Logic November 3, 2014 In Milton Friedman’s article, “The Social Responsibility of Business is to Increase its Profits”, published in The New York Time Magazine back in 1970 Friedman proposes the argument that a corporations social responsibility is to increase profits. “Milton Friedman’s article entitled The Social Responsibility of Business is to Increase its Profit is one of the most often used counter arguments for people who would eschew the idea that a corporation should consider more than just shareholders.” (College of Law) While creating a very debatable argument Friedman has opened my eyes to a topic of which I have never thought about or pondered. One premise that he makes is that only people or humans have responsibilities while a corporation may be considered an “artificial person” with artificial responsibilities yet an actual business cannot have social responsibilities. So does this mean corporations are to only look after themselves and shareholders and let customers deal with it? Working for the large corporation Ingersoll Rand I have seen first-hand that profit is more important than satisfied customers. For instance, there was a certain product my store was purchasing locally and selling it at different margins depending on the circumstances and customer. By purchasing this product locally we had the freedom to sell at basically whatever margin we wanted. Almost three months...

Words: 1255 - Pages: 6

Free Essay

Hey Disneyland

...Unit Name: Management of Change Unit Code: ND 301 Time Allowed/Due Date: 13th of Dec 2013 ------------------------------------------------- Assessment Type: Essay ------------------------------------------------- Value of Assessment: 10% of Final Grade ASSESSMENT CONDITIONS: N/A SPECIAL REQUIREMENTS: N/A DECLARATION 1. I am aware that penalties exist for cheating, plagiarism (copying) and unauthorised collusion with other students, or external consultants. 2. I am aware of the requirements covering style and layout standards as designated by my teacher/tutor. 3. For assessments other than those conducted in-class, I have retained a copy. I understand that uncollected assessments will be destroyed. Questions | Possible Marks | Actual Marks | | | | 1 | 10% | | Student’s signature: _________________________________ Date: Introduction of LG LG electronics which is called GoldStar at that time was founded by KOO IN-HWOI who was founder of LG corporation in 1st Oct 1958 at KOREA.  At that time, radios were attracting interests as embodiments of civilization, bringing news of the world to their listeners. Mr. Koo thought, ‘we could make a radio by ourselves likes TOSHIBA, NATIONAL.’ So, he founded GoldStar. And finally, at 15th Nov 1959 they made the first Korean radio which is including more than 60% of domestic components. It was beginning of both LG electronics history and...

Words: 1567 - Pages: 7

Free Essay

Haire

...A Profile of Haier Group Founded in 1984, the Haier Group has been dedicated to innovation and creating a world famous brand over the past 26 years. Originally a small collective plant on the verge of bankruptcy, it has now grown into an international group which has more than 70,000 employees around the globe and realizes a turnover of 135.7 billion yuan in 2010. Haier has risen to be the world's No.1 brand of consumer appliances. In addition, it was selected as one of the world's Top 10 innovative companies issued by USA Newsweek's website. Haier aims to create a world famous brand in the age of the Internet, which features satisfying the personalized needs of users in a short time. What such a business needs is large-scale customization rather than massive production. Taking this opportunity provided by the Internet, Haier addressed this challenge and actively explored and practiced the "Win-win Mode of Individual-Goal Combination". Through "Inverted Triangle" organizational innovation and "End to End" ZZJYT construction, it realized the transformation from "selling products" to "selling services" and fostered differentiated and sustainable competitive advantages. Trend-leading R&D advantages ---- The Haier's patent applications total over 10,000- ranking first among Chinese home appliance firms. Haier takes the lead to make breakthroughs in international standards. It participated in the drafting of 51 international standards, 27 of which have been issued and implemented...

Words: 8703 - Pages: 35

Free Essay

Using Electricity at Home

...USING ELECTRICITY AT HOME Energy-Saving Tips and Safety Information Using Electricity at Home Introduction..................................................................................................................... 3 How to Save Energy and Money . ............................................................................... 4 Cooling........................................................................................................................ 4 Lighting......................................................................................................................... 5 Weatherizing................................................................................................................ 6 Electrical Appliances.................................................................................................... 8 Refrigerator/Freezer..................................................................................................... 8 Oven/Microwave.......................................................................................................... 9 Dishwasher.................................................................................................................. 9 Clothes Washer/Dryer............................................................................................... 10 A Quick Start to Online Resources........................................................................... 14 2 Introduction ...

Words: 2939 - Pages: 12