Question
A person or their relative or partner who is indebted to
the company for an amount exceeding what threshold is disqualified for the appointment of an auditor?Solution
According to the Companies Act, a person or their relative or partner who is indebted to the company for an amount exceeding Rs. 5,00,000 is disqualified for the appointment of an auditor. This means that if an individual, their relative, or their partner owes the company an amount exceeding Rs. 5,00,000, they cannot be appointed as the auditor of that company. This provision is in place to ensure independence and impartiality in the audit process, as individuals with significant debts to the company may have a conflict of interest or be influenced by their financial obligations.
A private placement shall be made only to a select group of persons who have been identified by the Board and whose number shall _______________ excludi...
Which of the following is the principle of equity mentioned in the statute of ICJ?Â
Indian Taxation law is based on which of the following principle?
Any application for which no period of application is provided can be filed within:Â
 As per the Mines and Minerals (Development and Regulation) Act, 1957 mineral oils include _____________
In the event of any dispute relating to the amount of gratuity payable, the employer shall deposit such amount as he admits to be payable by him
The Customs Tariff Act came into force on______________
S.151 of CPC is:
As per Negotiable Instrument Act, the term negotiable means
Which of the following is NOT a valid ground for refusing extradition in international law?