Question
In case a company makes a default in transferring shares
to the IEPF Fund, such company shall be liable for a penalty of __________________Solution
As per section 124 (7) of the Companies Act, 2013, if a company fails to comply with any of the requirements of this section, such company shall be liable to a penalty of one lakh rupees and in case of continuing failure, with a further penalty of five hundred rupees for each day after the first during which such failure continues, subject to a maximum of ten lakh rupees and every officer of the company who is in default shall be liable to a penalty of twenty-five thousand rupees and in case of continuing failure, with a further penalty of one hundred rupees for each day after the first during which such failure continues, subject to a maximum of two lakh rupees  Snapshoot - Topic covered in Amendment Notes of SEBI Course Legal ixamBee
Based on the following information- calculate the initial investment in the project.
Cost of machine = Rs. 54,00,000
Installation cha...
The Investor and Education Fund is established by the Central Government under ______ of the Companies Act, 2013. The Chairman of this fund is __________.
Which of the following statements is incorrect regarding monopolistic competition?
W hich of the following types of account best describes a “Provision for doubtful assets” account ? Â
What does cash flow means in accounting parlance?
How many directors can be appointed by small shareholders in a company?
Which of the following statements about Net Owned Fund (NOF) requirement for ARCs is true?
Which one of the following is not a purpose of "credit monitoring"?
As per AS- 2 what should be the valuation of inventory from the following information:
Purchase Price = 2000
Trade Discount = 200
C...
The Indian Accounting Standard (Ind AS) 1 deals with the requirements for presenting general purpose financial statements consisting of the Balance Shee...
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