As per Companies Act 2013, a company can vary the objects for which the prospectus was issued and raise capital from the public for any of the following purposes except _____
A company may issue securities for different reasons; the main reason being raising capital to meet its financial requirements. The financial requirements can be starting a venture, repaying debts, expansion and diversification. Or any other general corporate purposes. Note – As per Section 27 of Companies Act 2013 – variation in Prospectus - company has to use funds strictly in accordance with the prospectus. Deviations are required to be pre-approved in general meeting by way of special resolution ; however deviation regarding use of issue proceeds for buying, trading, or otherwise dealing in equity shares of any other listed company is NOT permitted.
Which of the following is NOT a Greenhouse Gas?
Which of the following styles of painting belongs to Maharashtra?
The deficiency of which vitamin causes anaemia?
In the December 2022 quarter (FY23), by what percentage did the number of insolvency cases increase compared to the previous period?
Who is the author of the autobiography ‘Playing It My Way’?
The highest surcharge rate of 37% on income above 5 crores shall be reduced to ______ % under the new tax regime?
Who among the following co-founded the Calcutta Unitarian Society and founded the Brahma Samaj?
Where is the Head Office of the National Institute of Rock Mechanics (NIRM) located?
Willy Wonka is a fictional character from the children's story book '______'.
