Question
A company cannot purchase its own shares or other
specified securities out of____________Solution
Section 68.Power of company to purchase its own securities- (1) Notwithstanding anything contained in this Act, but subject to the provisions of sub-section (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (a) its free reserves; (b) the securities premium account; or (c) the proceeds of the issue of any shares or other specified securities: Provided that no buy-back of any kind of shares or other specified securities shall be made out of the proceeds of an earlier issue of the same kind of shares or same kind of other specified securities.
Where should the payment be applied in case the debt to be discharged is not indicated as per the provisions laid down under the Contract Act?
Social agreements are____________________
Under the Civil Procedure Code (CPC) in India, which provision deals with the power of the court to issue a temporary injunction?
Who are not competent to Contract as per the Contract Act?
Criminal Conspiracy as per IPC means_________________
A dying declaration is:
The Historic Judgment of Privy Council m Pakala Narayan Swami vs. The King Emperor deals with:
How many copies of a memorandum of appeal must be submitted, and what should accompany it as per the Securities Appellate Tribunal(Procedure) Rules?
Oral admissions as to the contents of a document are
Vicarious liability of the Director of Company for dishonor of Cheque has been laid down in which of the following cases?