Question
What are the various conditions on the basis of which a
retiring auditor may be re-appointed at an annual general meeting as per the Companies Act?Solution
Section 139.Appointment of auditors: (9) Subject to the provisions of sub-section (1) and the rules made thereunder, a retiring auditor may be re-appointed at an annual general meeting, if— (a) he is not disqualified for re-appointment; (b) he has not given the company a notice in writing of his unwillingness to be re-appointed; and (c) a special resolution has not been passed at that meeting appointing some other auditor or providing expressly that he shall not be re-appointed.
Consider the following and state which of these is/are component(s) of internal debt?
                       I.     ...
The stand-by Letter of Credit (LC) or Bank Guarantee (BG) issued by scheduled commercial banks for Gold (Metal) Loans should be denominated in:
What is the maximum overdraft that can be provided by a bank to account holder of the Pradhan Mantri Jan Dhan Yojna ?
As per the Economic Survey 2023-24, what was the growth rate of India's real GDP in FY24 compared to its level in FY20?
Liability of partners in a partnership business is
In a period of falling prices, a firm reporting under LIFO compared to reporting under FIFO, will have a higher:
Which among the following ratios will be effected because of Salaries paid in cash as paid in advance?
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 followin...
The organization budgeted $400,000 for 40,000 hours of direct labor to complete 16,000 units of finished product. The firm used 42,000 direct labor hour...