Question
X Ltd. forfeits shares for non-payment of final call.
These are reissued at a discount. Where is the discount adjusted?Solution
Discount on reissue is adjusted against Forfeited Shares A/c, not General Reserve.
In an LLP out of the designated partners:
As per Section 16 Explanation (b) of the Environment (Protection) Act, 1986, "director" in relation to a firm means:
Which Part of the Constitution of India consists of Emergency provisions?
__________________________ means an independent director representing the interests of investors in securities market and who is not having any associat...
Which of the following principles follows from SR Bommai regarding federalism?
According to Explanation 1 of Section 303, which of the following is not the subject of theft until severed from earth?
What are the factor to be taken into consideration for determining the level of punishment while deciding the amount of fine or imprisonment under the C...
An application for the renewal of a driving licence can be made either prior to or within ____________ time period after its expiry as per the Motor Veh...
All fees chargeable under Court Fees Act 1870 shall be …
As per Section 8 of the Registration Act, 1908, the State Government may appoint officers to be called ___________ of Registration offices, and may pres...
