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Start learning 50% faster. Sign in nowSection 70.Prohibition for buy-back in certain circumstances- (1) No company shall directly or indirectly purchase its own shares or other specified securities— (a) through any subsidiary company including its own subsidiary companies; (b) through any investment company or group of investment companies; or (c) if a default, is made by the company, in the repayment of deposit accepted either before or after the commencement of this Act, interest payment thereon, redemption of debenture or preference shares or payment of dividend to any shareholder, or repayment of any term loan or interest payable thereon to any financial institution , or banking company: Provided that the buy-back is not prohibited, if the default is remedied and a period of three years has lapsed after such default ceased to subsist.
Statements:
No Graduation are MBA.
Only a few MBA are Convocation.
98% of Convocation are Degree.
100% Degree are BBA.
<...Statements: All plots are lands.
All lands are houses.
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Statements: All school are college.
Some college are not institutions.
All institutions are university.
Conclusions: I. some ...
Conclusions:
I.All Diary being books is a possibility.
II. All diary are covers.
Statements:
All microscopes are telescopes
No telescope is a screw
All screws are rockets
Conclusions:
I....
Statements :
Some mats are bedsheets.
All bedsheets are chairs.
Some chairs are desks.
Conclusions :
Statements: Some guitars are harmoniums.
No harmonium is a sitar.
Conclusions: I. Some guitars are not sitars.
II. Some sitars ar...
Statements:
Some woods are tables.
All tables are teaks.
No teak is a chair.
Conclusions:
I. Some woods ...
Statements-:
Some A are B
No B are C
All C are D
Conclusions :-
I. Some A are not B.
II. No A are C.<...
Statements:
Some Gold are Silver
All Silver are Bronze
Some Bronze are Copper
Conclusions:
I. Some Bronze ...