Question
X Ltd. is absorbed by Y Ltd. Purchase consideration =
₹10,00,000. Assets taken over = ₹12,00,000, Liabilities = ₹3,00,000. What is the goodwill or capital reserve arising?Solution
Net Assets = 12,00,000 – 3,00,000 = 9,00,000. PC = 10,00,000 → excess payment = 1,00,000 → Capital Reserve.
What is the general penalty provided under Motor Vehicles Act for any offence if there is no specific penalty provided for the offence?
By which Amendment of the Constitution of India Fundamental duties have been inserted?
Order XXI of C.P.C. is related with :
In Section 2(10) of the Bharatiya Nyaya Sanhita, 2023, the definition of gender now encompasses ______________
As per the IBC Insolvency Commencement date means___________________
As per the Companies Act persons not eligible for appointment as an auditor of a company are ___________
The term ‘corpus delicti’ means
Which of the following statements is true about Red herring prospectus?
According to Clause 1 of Article 25 of the Indian Constitution, the freedom of religion is subject to the interest of:
What type of contract is created when the performance of an existing contract depends on the occurrence or non-occurrence of a collateral and uncertain ...
