Question
The maximum period for which an individual can be
appointed as an auditor of a company is:Solution
The correct answer is C
Company A agrees to sell 1,000 laptops to Company B, but the contract lacks the specification of model and delivery timeline. Later, B refuses to accept...
XYZ Ltd., a listed entity, has only 2 independent directors on its 12-member Board. Audit Committee is formed with 2 independent and 1 executive directo...
A listed company has an average net profit of Rs. 12 crore in the last 3 years. As per Section 135 of the Companies Act, 2013, which of the following st...
Mr. X, a minor, enters into a contract to buy a bike. Later, he refuses to pay. What is the legal position?
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed.
Mr. Sharma, a sole proprietor, entered into an oral agreement with a vendor for purchase of office furniture worth ₹2 lakhs, with delivery to be made ...
Which challenge was posed by Over-the-Top (OTT) services to the traditional Indian telecom services?
A contract contains an arbitration clause. A dispute arises but one party sues in civil court. What should the court do?
ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent ...
A contract is entered into under duress where one party threatened the other with loss of business if the agreement wasn't signed. The other party signs...
Relevant for Exams:
