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 ofâ (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.
The amended rules have been published in the Gazette of India and everything have been done.
It is the facts that she did not exhaust all the procedural avenues before her that has left her open to charges that her ruling has a political hue .<...
- From the options given below, select the option which states the correct combination of incorrect sentences.
I. Established in 1897, the National B... Unrest has been brewing (1)/ between the hill tribes (2)/ of the state for (3)/ a number of reasons (4)/ No error (5)Â
In the following questions, a sentence is divided into four parts among which three parts may or may not contain errors. It is then followed by four alt...
The school would make (A)/headlines six years later, (B)/as the Governor called after (C)/the Arkansas National Guard to prevent its integration (D).
In the sentence given below, four words have been printed in bold. One of these words may be misspelt or inappropriate in the context of the sentence. ...
Below is given a sentence divided in parts. Read the sentence to find out whether there is any error in it. The error, if any, will be in one p...
When your in doubt(A)/ about your best friend's loyalty (B)/ you can't help being disappointed.(C) No error(D)
Find the erroneous part of the given sentence. If none of the parts contains error, mark âNo Errorâ as your answer.
Neither the concert (A)...
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