Question
The S hare application money received by a company but
pending allotment is a type of a _______ for the company. ÂSolution
Share application money pending allotment is a liability which is shown as a separate item in the balance sheet. It is a liability since the company is liable to either allot shares against that money or refund it. Any application money received for allotment of securities and due for refund is shown under other current liabilities
House-trespass, as defined under Section 329(2), requires:
According to the Contract Act who can become an Agent?
Every State Information Commissioner shall hold office for _______________ and shall not be eligible for reappointment as such State Information Commis...
Sec 12 of the Chhattisgarh rent control Act is related to:
Which Article of the Constitution mandates the State to provide free legal aid to ensure justice is not denied to any citizen due to economic or other d...
According to Indian Partnership Act, 1932 partner making, for the purposes of the business, any payment or advance beyond the amount of capital he has ...
Money Bills shall not be introduced in:
Section 53A of the Transfer of Property Act, 1882, protects a transferee who has taken possession under an unregistered contract. Which of the following...
What does the maxim 'ignorantia juris non-excusat' imply?
A communication through WhatsApp providing record of agreement to arbitration shall: