Can anyone solve this

Question 5 Mr. Y aged 21 years, lost his mental balance after the death of his parents in an accident. He was left with his grandmother aged 85 years, incapable of walking and dependent upon him. Mr. M their neighbour, out of pity, started supplying food and other necessaries to both of them. Mr. Y and his grandmother used to live in the house built by his parents. Mr. M also provided grandmother some financial assistance for her emergency medical treatment. After supplying necessaries to Mr. Y for four years, Mr. M approached the former asking him to payback 15 Lakhs inclusive of 7 Lakhs incurred for the medical treatment of the lady (grandmother). Mr. Y pleaded that he has got his parent's jewellery to sell to a maximum value of ` 4 Lakhs, which may be adjusted against the dues. Mr. M refused and threatened Mr. Y of legal suit to be brought against for recovering the money. Now, you are to decide upon based on the provisions of the Indian Contract Act, 1872: (i) Will Mr. M succeed in filing the suit to recover money? Elaborate the related provisions? (ii) What is the maximum amount- of money that can be recovered by Mr. M? iii)Shall the above provisions attract if treatment was given to grandmother?

An insurance company is an example of non-profit organization [True/False] Give the necessary answer

I doubt this is a q.1 5th sum

What is the answer of this question?

Yee entry samajado koi pls aur Yee amount kaise aai Yee bhi bata do

Plz explain Brs effects

Suggest me a best yt channel for ca foundation account's and law ? with full syllabus playlist Who is best for ACCOUNTS? Ca Hardik Manchanda sir (or) Ca Nitin sir from pw

When good is withdrawn from buissnes for personal use,why input gst is debited?

Given below are the extracts of Balance Sheet of Shell Chemicals Limited as on 31st March, 2024: Particulars Amount in ` 9% Redeemable Preference Share Capital 10,00,000 Calls in arears (Redeemable Preference Shares) 20,000 General Reserve 7,00,000 Securities Premium 80,000 It is provided that: − Preference Shares are of 100 each fully-called, due for immediate redemption. − Calls-in-arrears are on account of final call on 1000 Preference shares held by four members whose whereabouts are not known. − Balance of General Reserve to be fully utilised for the purposes of redemption and the shortfall to be made good by issue of equity shares of ` 10 each at par. − The redemption of preference shares was duly carried out. You are required to pass the necessary journal entries to give effect to the above redemption.