Question
Parent Ltd. acquires 75% of Subsidiary Ltd. on 1 July
2024. Subsidiary’s profit for the year ended 31 March 2025 is ₹16,00,000, earned evenly. Calculate pre-acquisition and post-acquisition profits and the parent’s share in post-acquisition profits.Solution
• Pre-acquisition: 3 months (Apr–Jun) = 3/12 × 16L = ₹4L. • Post-acquisition: ₹12L. • Parent’s share = 75% × ₹12L = ₹9L.
According to ___________ of interpretation, the meaning of a word is to be judged by the company it keeps.
Which section of The Limitation Act, 1963 deals with the Expiry of prescribed period when court is closed?
Section 173 of the Companies Act, 2013 mandates that a minimum of four board meetings should be held in a year with a gap of not more than ___ days
Which of the following best describes Article 243U of the Constitution about Finance Commissions and Gram Sabhas?
Under court fees Act the exemption of certain documents from fees include:
Which international organization is responsible for the regulation of international trade and settling disputes between member countries?
What does ‘I’ stands for in NaBFID?
What is the membership requirement for the registration of a Trade Union of workers under the Industrial Relations Code?
The landmark case of Indian Young Lawyer’s Association v State of Kerela was related to
Which statement is correct relating to debentures issued by a company___________
