Question
What is the minimum number of members in a public
company_______________Solution
Section 3. Formation of company: (1) A Company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company ; (b) two or more persons, where the company to be formed is to be a private company ; or (c) One Person, where the company to be formed is to be One Person Company that is to say, a private company, by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration.
'B' distributes 65% of his total earnings among his father, mother, and sister in the ratio of 5:4:3. If his sister's share is Rs. 1,950, what is B's to...
Average income of 'X' and 'Y' together is Rs. 45,000. Whereas the average expenditure of 'X' and 'Y' is Rs. 34,000. Find the savi...
- The monthly incomes of Pawan, Qureshi, and Ram are in the ratio of 4:7:5, while their monthly expenditures are in the ratio of 5:4:8. Pawan earns Rs. 2,800...
Mahima’s expenditure and savings are in the ratio 5 : 3. Her income increases by 15%. Her expenditure also increases by 18%. By how many % does he sav...
The monthly income of Anamika and Vimla is in the ratio 4:3. Anamika's monthly savings are 25% more than Vimla's. Vimla's monthly expenditure is Rs. 6,0...
The monthly incomes of Sarah and David are in the ratio 5:6, respectively, and the respective ratio of their savings is 1:2. If the monthly savings of S...
The ratio of incomes of A and B is 3 : 5, and the ratio of their expenditures is 4 : 7. Each saves Rs 400 per month. Find their monthly incomes.
The income of Amar is 20% more than the income of Akbar. If the difference between their incomes is Rs. 5,000 and they spend 80% of their respective inc...
The earnings of ‘X’, ‘Y’, and ‘Z’ are in the ratio 6:2:7 respectively. The average earning of the three friends is Rs. 9,500. If the average...
Ravi earns 25% more than Rohit, and Rohit spends 75% of what Ravi spends. The ratio of Rohit's savings to Ravi’s savings is 5:7. If Rohit’s expendit...