Though according to Article 153, the executive power of the state vests with governor, he is bound to act under the aid and advice of the council of ministers headed by the chief minister. The Supreme Court has ruled umpteen times that governors cannot act independent of the advice of the council of ministers except in specified areas where the Constitution has entrusted them with discretionary powers. The governor can also discard the aid and advice of the council of ministers, if specifically permitted by the president, when a state of emergency is declared under Article 353.
A company registered under section 8 of the Companies Act shall not alter the provisions of its memorandum or articles except with the previous approva...
Window dressing implies which among the following?
Which of the following statements is true?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
XYZ Radiology Centre acquired a new imported X-ray machine for Rs.10,50,000. Octroi paid on the machine was Rs. 5,000. Expenses of setting up and start...
According to the Insurance Act, who can receive remuneration or reward for soliciting or procuring insurance business in India?
IND AS 115 prescribes a 5-step model for recognition of revenue, identify the correct sequence of the following steps given below:
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Money market is a market for ___ (1) ___ funds having maturity of ___ (2) ___.
Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accoun...
Use of cash to underrate a capital expenditure in an organisation involves an outflow of cash. This transaction will be reflected in the Cash Flow State...
