Question
No person shall make a public announcement of an open
offer for acquiring shares:Solution
Wilful Defaulter – Regulation 6A of SEBI SAST Regulations ·      No person who is a wilful defaulter shall make a public announcement of an open offer for acquiring shares or enter into any transaction that would attract the obligation to make a public announcement of an open offer for acquiring shares under these regulations. ·      However, this regulation shall not prohibit the wilful defaulter from making a competing offer in accordance with regulation 20 of these regulations upon any other person making an open offer for acquiring shares of the target company. ·      Therefore, for willful defaulter the only route available is making competing offer.
Which of the following is the correct full form of REIT?
Which schedule of the Companies Act provides the format for the Balance Sheet?
Securities Premium can be used by the company:
In a Letter of Credit (LC) transaction, which entities typically play a role in addition to the issuing bank, advising bank, and beneficiary?
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Which inventory method is banned as per Ind AS?
In the case of a Government company the Comptroller and Auditor-General of India shall, appoint an auditor within a period of _____________ from the com...
The rule for recording transactions in a Personal Account is:
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The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
