Question
RBI recently directed Paytm Payments Bank Ltd to stop
the onboarding of new customers with immediate effect. The RBI took the decision in exercise of its powers under section ____ of the Banking Regulation Act, 1949.Solution
RBI recently directed Paytm Payments Bank Ltd to stop the onboarding of new customers with immediate effect. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. The RBI took the decision in exercise of its powers under section 35A of the Banking Regulation Act, 1949.
Under Section 124(6), shares in respect of which dividend has not been paid or claimed for ________ consecutive years or more shall be transferred by th...
A person who is, or has been, in practice as a chartered accountant for at least 15 years is qualified to become a ______ of the Tribunal
First meeting of a company is held within_______ days of its incorporationÂ
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Pursuant to Section 149(1) of the Companies Act, 2013, and Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014, besides eve...
A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to whic...
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