Question
Where a company is formed and registered under this Act
for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of___________________Solution
Explanation: Section 455. Dormant company- (1) Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of a dormant company.
The cost of equity (Ke) using the Gordon Growth Model is calculated as:
A prerequisite for establishment of an effective risk management system is the existence of a robust _____
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
A company proposes to introduce a new product in the market. The company wants to maintain the P/V Ratio at 35%. If the variable cost of the product is ...
Which of the following is NOT a type of pension fund?
1) Defined benefit plan
2) Defined contribution plan
3) State-sponsore...
__________ refers to the attitude that includes a questioning mind and a critical assessment of audit evidence.
What is the primary purpose of the Reserve Bank of India (RBI) setting the repo rate?
The bank bought a 5 year G-Sec with YTM of 7.6% and plans to sell them in 2 weeks. The bond could not be sold within 2 weeks due to over sight and as a ...
A person to whom financial debt has been legally assigned or transferred to, shall be termed in the Insolvency and Bankruptcy Code (IBC) in India as?
What action should lenders take when a stressed loan is transferred to an ARC at a price below the Net Book Value (NBV)?
