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.
Which of the following is not an objective of SEBI______________
. Which of the following principles of A.V Dicey rejects arbitrariness in administrative actions?
S. 13 of the Code of Civil procedure provides that a foreign judgment is:
According ot the Motor Vehicles Act after the expiry of how many months from the date of a disqualification order can a person apply to the Court or oth...
The term of the interim resolution professional shall continue ___________________
When should a person be reimbursed for paying money which is due to be paid by another?
Once a suit has been instituted, summons may be issued to defendant on such day not beyond _______ from date of institution of suit.
An admission is:
What is the liability of drawee of cheque under Negotiable Instruments Act 1881?
Specific Relief Act delas with the recovery of ______________
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