Question
No allotment of any securities of a company offered
to the public for subscription shall be made unless the amount stated in the _______ as the minimum amount has been subscribed.Solution
Section 39 - Allotment of securities by company. (1) No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the prospectus as the minimum amount has been subscribed and the sums payable on application for the amount so stated have been paid to and received by the company by cheque or other instrument. (2) The amount payable on application on every security shall not be less than five per cent of the nominal amount of the security or such other percentage or amount, as may be specified by the Securities and Exchange Board by making regulations in this behalf. (3) If the stated minimum amount has not been subscribed and the sum payable on application is not received within a period of thirty days from the date of issue of the prospectus, or such other period as may be specified by the Securities and Exchange Board, the amount received under sub-section (1) shall be returned within such time and manner as may be prescribed.
Unclaimed documents for a period exceeding ……….. may be destroyed.
For a defence of intoxication, to escape criminal liability, the intoxication:
______________means such part of the capital which is for the time being subscribed by the members of a company
A proceeding instituted in a civil court by the presentation 'of a plaint is called' ___________
Which of the following is not required for the liability of a master to arise for a servant's actions?
What is the time from when a registered document operates as per the Registration Act?
Which of the following is not true about possession as per S.5 of the Specific Relief Act, 1963?
Theft is an offense against_______________
Intentional omission to give information of offence by a person legally found to inform is dealt under section:
According to Section 36(4) of the Code on Wages, 2019, what is the purpose of carrying forward excess allocable surplus or minimum bonus to the succeedi...