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
If a car runs at 30 km/hr, it reaches its destination late by 15 minutes but if runs at 45 km/hr it is late by 7 minutes. What is the correct time for t...
If a person walks 25% more than of his usual speed, reaches his distance 90 minutes before. If the destination is 495 km away, then the usual speed of a...
A train covers a certain distance at a speed of 20 km/h and the next same distance with a speed of 35 km/h and the next same distance with a speed of 60...
Anju's journey comprises three segments. He travels the first 'd - 30' km at a speed of 12 km/h, the next 'd' km at a speed of 30 km/h, and finally, she...
Sheetal rides a bike at an average speed of 40 kmph and reaches her destination in 5 hours. Hemlata covers the same distance in 4 hrs. If Sheetal increa...
‘A’ and ‘B’ started moving towards each other at same time with a speed of 27 km/hr and 15 km/hr, respectively. If the distance covered by ‘Aâ...
‘A’ and ‘B’ started moving towards each other at same time with a speed of 24 km/hr and 10 km/hr, respectively. If the di...
The speed of a car is 25% more than that of a bike. Both of them start from a same point. After travelling for 6 hours, the speed of the bike is increas...
Two trains X and Y whose length are in ratio of 5:8 and time taken to cross a man standing on a platform is 5:2. If the speed of the train X is 24 km/h ...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 25 m/s. Train Q starts from Dehradunto Lucknowat 1:35 pm with an average sp...
