Question
ASBA is an important mechanism in the IPO process to
prevent refunding in case of unsuccessful allotment. What is the full form of ASBA?Solution
Applications Supported by Blocked Amount (ASBA) is a method developed by SEBI to block the funds for Initial Public Offer (IPO), Rights issue, Follow-on Public Offer (FPO) etc., applications. In ASBA, an IPO applicant's bank account doesn't get debited until they receive the allotment of shares
To remove the president from the post, impeachment can be brought on the ground of:
Who is considered a "worker" under the Code on Wages?
In a suit of damages, the amount of damage is a______.
_____________________ as per the CPC is the formal expression of any decision of a Civil Court which is not a decree
The writ of prohibition may be issued, when there is
As per section 128 of the Companies Act all or any of the books of account and other relevant papers may be kept at such other place in India as the ___...
All documents, other than Will should be presented within______ from the date of execution.
According to the Motor Vehicles Act if the Court or other authority refuses to cancel or vary a disqualification order, when can a person make a second ...
As per the IRDA Act, 1999 the Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such fo...
____________ under the Banking Regulation Act, 1949 includes gold in the form of coin, whether legal tender or not, or in the form of bullion or ingot, ...
