Question
All monies received on application from the public for
subscription to the securities shall be kept in a separate bank account in a scheduled bank and shall not be utilised for any purpose other than_________________Solution
Section 40 Securities to be dealt with in stock exchanges - (3) All monies received on application from the public for subscription to the securities shall be kept in a separate bank account in a scheduled bank and shall not be utilised for any purpose other than— (a) for adjustment against allotment of securities where the securities have been permitted to be dealt with in the stock exchange or stock exchanges specified in the prospectus; or (b) for the repayment of monies within the time specified by the Securities and Exchange Board , received from applicants in pursuance of the prospectus, where the company is for any other reason unable to allot securities
Who among the following is husband of R?
How many male members are there in the family?
Answer the questions based on the information given below.
Eight persons D, E, F, G, H, I, J, and K belong to a family of three generations. No...
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How is P related to mother of S?
How is B related to D?
Answer the questions based on the information given below.
There are seven members S, T, U, V, W, Y and Z, in a family of three generation. V i...
Which of the following indicates that ‘D is grandmother of T’?
How is F related to H?
Answer the questions based on the information given below.
There are seven members L, M, N, O, P, Q and R in a family of three generations. L...
