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A judicial proceeding is any legal proceeding that takes place in a court of law. It includes any proceedings during which evidence is taken on oath, such as trials, hearings, and other legal proceedings where witnesses are sworn in and give testimony under oath. An inquiry is a formal process of investigation conducted by a government or other authority to establish the facts surrounding a particular event or situation. It may involve the gathering of evidence, taking of testimony, and the examination of witnesses, but it does not necessarily take place in a court of law. An investigation is a process of gathering evidence and information to determine the facts of a case, usually conducted by law enforcement agencies or other investigative bodies. It may or may not involve taking evidence on oath. A sworn statement is a written or oral statement made under oath, where the person making the statement swears or affirms that the information provided is true and accurate to the best of their knowledge.
Where to show Share application money received in excess of issued share capital?
A company purchased machinery worth ₹5 lakh during the year and repaid a long-term loan of ₹3 lakh. It generated ₹12 lakh from operations. What is...
Which one of the following is a correct equation?
XYZ Ltd. reported a net profit of ₹120 lakhs for the year ended 31st March 2025. The depreciation for the year was ₹20 lakhs, and amortization of go...
What are the reasons for differences between the bank balance and book balance?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
SSL stands for:
How can we find out the Net Realizable Value on account of Inventory as per the applicable Accounting Standard for valuation of Inventory?
An implied contract is created by the:
Which of the following is NOT an advantage of Bonus issue by a company?