Question
The object of the issue using a prospectus can be
varied provided it is pre-approved as per _________ of the Companies Act 2013.Solution
Section 27 of Companies Act 2013: Variation in terms of contract or objects in prospectus (1) A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was issued, except subject to the approval of, or except subject to an authority given by the company in general meeting by way of special resolution: Provided that the details, as may be prescribed, of the notice in respect of such resolution to shareholders, shall also be published in the newspapers (one in English and one in vernacular language) in the city where the registered office of the company is situated indicating clearly the justification for such variation: Provided further that such company shall not use any amount raised by it through prospectus for buying, trading or otherwise dealing in equity shares of any other listed company . (2) The dissenting shareholders being those shareholders who have not agreed to the proposal to vary the terms of contracts or objects referred to in the prospectus, shall be given an exit offer by promoters or controlling shareholders at such exit price, and in such manner and conditions as may be specified by the Securities and Exchange Board by making regulations in this behalf.
If 2 is added to all the odd place digits and 1 is subtracted from all even place digits (from the left end) in ‘634715247’ and then all the digits ...
Select the number that can replace the question mark (?) in the following series. 17, 21, 30, 46, 71, ?
- This question is based on the five, three-digit numbers given below.
(Left) 847 538 628 482 497 (Right)
(Example- 847 – First digit = 8, ... Select the option in which the numbers are related in the same way as are the numbers of the following set.
(15, 315, 7)
Read the directions carefully and answer the following question.
If in the number ‘ 9887532691 ’, the even digits are shifted to the next d...
A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series:-
If first and last digit of each number is multiplied and then the product is added to the sum of the middle two digits of the number, which resultant nu...
Some equations are solved on the basis of a certain system. Find the correct answer for the unsolved equation on that basis.
11 * 7 = 72, 14 * 7 ...
Select the option in which the numbers are related in the same way as are the numbers in the given set.
(109, 114, 139)