SEBI came out with fresh guidelines wherein execution of a new document will be made compulsory for transfer of securities towards deliveries and settlements. The guidelines, which will be effective from July 1, also comes against the backdrop of instances of misuse of PoAs. The use of DDPI will be limited only for two purposes -: Forst Purpose is for the transfer of securities held in the beneficial owner account of the client towards stock exchange related deliveries or settlement obligations arising out of trades executed by such a client. Second Purpose is for pledging/re-pledging of securities in favour of the Trading Member(TM)/Clearing Member (CM) for the purpose of meeting margin requirements of the client.
Which of the following statements are required to verify trade creditors?
Statement 1: Obtain the schedule of creditors and examine it with refer...
From the following information calculate the amount of sales to earn a desired profit of Rs.6,000
Fixed Cost: 12,000
Selling Price: 12 per...
Which of the following is not an accounting equation?
What does Miscellaneous Insurance encompass?
The main object of the audit of the cash book may be ________.
In case of companies depreciation on assets are provided on the basis of -……
ABD Limited received 5,90,000 as premium on new policies and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and p...
Who among the following can issue Certificate of Deposits to raise short term resources?
How many parties are involved in a Bill of Exchange?
The person responsible for paying any income by way of winnings from lottery an amount exceeding ₹ 10,000, shall deduct
