Question
 Which of the following best describes a merger of two
companies where a financially sick or distress business is merged with a sound company as part of a financial rehabilitation under the supervision of a financial body?Solution
Merger refers to a situation where two or more existing firm combine to form a new entity either a new firm is incorporated or one of the existing firms survives and another is merged with it. Â Arranged merger : when the regulatory body arranges the merger for financially sick company with others to rehabilitate it.
What is relevant for determination of whether the supply is Intra-state or inter-state in GST?
Goods purchased ₹1,00,000. Sales ₹90,000. Margin 20% on cost. Closing Inventory = ?
Which country has officially joined the New Development Bank (NDB) in May 2025?
As per RBI norms on agricultural advances, a loan granted for long duration crops will be classified as a Non-Performing Asset (NPA) if the instalment o...
For Assessment year 2020-2021, The maximum loss from house property which can be set-off against income from any other head is ______.
Employees Provident Funds and Miscellaneous Provisions Act, 1952 applies to every establishment which is a factory engaged in any industry specified in ...
AEPS stands for ______________.
The process of converting a company's private equity into public equity through an IPO is known as:
Government audit is conducted by the department maintained by government of India is known as:
Goodwill is considered as: