Question
Which of the following actions is prohibited without the
necessary authorization under the provisions of the FEMA?Solution
Explanation: Section 3 Dealing in foreign exchange, etc.—Save as otherwise provided in this Act, rules or regulations made thereunder, or with the general or special permission of the Reserve Bank, no person shall— (a) deal in or transfer any foreign exchange or foreign security to any person not being an authorised person; (b) make any payment to or for the credit of any person resident outside India in any manner; (c) receive otherwise through an authorised person, any payment by order or on behalf of any person resident outside India in any manner; (d) enter into any financial transaction in India as consideration for or in association with acquisition or creation or transfer of a right to acquire, any asset outside India by any person.
The Advertisement of a Prospectus of a company shall specify therein the _____________
“A legal mechanism used to resolve disputes through the aid of a neutral third party given the authority of making a legally binding decision.” Is: ...
In Islamic divorce law, what is the process of khula?Â
In which of the following cases can courts intervene in an arbitral proceeding?
Which section of the Companies Act lays down provisions relating to document containing offer of securities for sale to be deemed prospectus?
OASIS with reference to PFRDA Act stands for_____________
An act done by a person bound by law or by mistake of fact believing himself bound by law is:
In the absence of any provision by contract between the partners for the duration or determination of their partnership, what type of partnership is it?
A relevant confession becomes irrelevant when
As laid down under the Insurance Act the duration of the Executive Committee of the Life Insurance Council or the General Insurance Council is _________...
