Question
What is the minimum Net Owned Fund required for a Asset
Reconstruction Company?Solution
Net Owned Fund (NOF) for ARCs shall be minimum Rs.100 crore on an ongoing basis with effect from April 28, 2017. Accordingly, no ARC shall commence or carry on the business of securitization or asset reconstruction without having NOF of not less than Rs.100 crore.
The maximum number of public companies in which a person can be appointed as a director shall _______________
As per Reg 3 of SEBI (Prohibition of Insider Trading) Regulations, 2015, what is the purpose of the provision regarding "legitimate purposes"?
Under which circumstances can a person apply for anticipatory bail, and which court can grant it?
Section 125 protects whom from disclosing information obtained during professional duties?Â
According to the "Doctrine of Harmonious Construction," when two provisions of a statute are in conflict:Â
Which of the following Fundamental Rights is available to both the citizens and non-citizens?
The decision in the case of R Vs. Bedingfield was overruled in the case of ?
A transfer Rs. 500 to his niece C if she will desert her husband. The transfer is
When the mortgagor ostensibly sells the mortgaged property the transaction is?
The accounts of LIC shall be audited by:Â
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