Question
According to the Companies Act which of the following
statement is true regarding set-off against subsequent calls in a company when all creditors have been paid in full?Solution
Section 295. Payment of debts by contributory and extent of set-off: (3) In the case of any company, whether limited or unlimited, when all the creditors have been paid in full, any money due on any account whatever to a contributory from the company may be allowed to him by way of set-off against any subsequent call.
When it comes to solving this problem, we need to think outside the box to find a creative solution.
1 - Five o\'clock face2 - Five o\'clock shadow3 - Five o\'clock look4 - Five o\'clock gaze5 - None of these
Select the most appropriate meaning of the Given idiom.
Word of mouth
Walk on eggshell
After working hard all week, Martha decided to take a break and enjoy some leisure time, saying, "I need to hit the hay."
Hear it on the grapevine
In each of the following questions, three statements are given with an idiom highlighted in bold. You have to select the answer choice that re...
Buying a new car can cost an arm and a leg.
Despite the initial setbacks, we managed to turn the tide and complete the project on time.
Crocodile tears