Question
A company registered under section 8 of the Companies
Act shall not alter the provisions of its memorandum or articles except with the previous approval of _______________Solution
Explanation: Section 8 Formation of companies with charitable objects, etc.- (4) (i) A company registered under this section shall not alter the provisions of its memorandum or articles except with the previous approval of the Central Government. (ii) A company registered under this section may convert itself into company of any other kind only after complying with such conditions as may be prescribed.
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Which of the following is likely to increase the trade receivables collection period?
Use Direct method to calculate the net cash from operations of the company given the following transactions?
Sales in the year: ₹6,50,000
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Which of the following is not a source of funds for a company?
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?
A company has a Debt-to-Equity ratio of 2:1. It purchases a new plant for ₹5,00,000, financing it entirely by taking a long-term loan. What will be th...
