Question
Where any asset reconstruction company or any person
fails to comply with any direction issued by the Reserve Bank under this Act the adjudicating authority may, by an order, impose a penaltySolution
30A. Power of adjudicating authority to impose penalty.—(1) Where any asset reconstruction company or any person fails to comply with any direction issued by the Reserve Bank under this Act the adjudicating authority may, by an order, impose on such company or person in default, a penalty not exceeding one crore rupees or twice the amount involved in such failure where such amount is quantifiable, whichever is more, and where such failure is a continuing one, a further penalty which may extend to one lakh rupees for every day, after the first, during which such failure continues
A company has opening inventory of ₹1,50,000 and closing inventory of ₹2,50,000. Purchases during the year were ₹10,00,000. What is the Inventory ...
In the context of GeM, what is the full form of ‘PAC’?
_________ is a method to sell securities to the existing shareholders of a company.
When a minor admitted to the benefits of a partnership attains majority, within how many months must they decide whether or not to continue as a partner...
In relation to Accounting Standards, Which of the following statement is incorrect?
  When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Satyam Ltd. has a WACC of 5%. The sustainable growth rate of the company is 3%. The stock is trading at the price of Rs. 40 in the market. Assuming the ...
Number of days in a month for purposes of computing taxable gratuity in case the employee is covered under the Payment of gratuity Act, 1972, are?
The following balances are available for a company:
Cash: ₹5L, Inventory: ₹12L, Debtors: ₹10L, Short-term investments: ₹3L
Account...
ICDS III deals with which of the following:
Relevant for Exams:
