Which of the following is true relating to Nidhi Companies?
Explanation: NIDHI RULES, 2014: Rule 4 Incorporation and Incidental Matters: (1) A Nidhi to be incorporated under the Act shall be a public company and shall have a minimum paid up equity share capital of ten lakh rupees. (2) On and after the commencement of the Act, no Nidhi shall issue preference shares. (3) If preference shares had been issued by a Nidhi before the commencement of this Act, such preference shares shall be redeemed in accordance with the terms of issue of such shares. (4) Except as provided under the proviso to sub-rule (e) to rule 6, no Nidhi shall have any object in its Memorandum of Association other than the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit. (5) Every Company incorporated as a “Nidhi” shall have the last words ‘Nidhi Limited’ as part of its name.
A tort is the outcome of the breach of such ______ which are imposed by law.
Who is eligible for appointment as Governor?
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
When a Food Safety Officer takes a sample of food for analysis, he shall divide the sample into ……….. parts
Which of the following is the main body of United Nations Organisation?
When is criminal conspiracy said to be done by a person?
Power of SEBI to issue directions under SEBI Act shall
As laid down under the Banking Regulation Act no banking company shall have in its Board of directors, ______________directors who are directors of comp...
Whoever dishonestly misappropriates or converts to his own use any movable property, shall be_____________________________
Can the extension of the period of corporate insolvency resolution process be granted more than once as per the IBC section 12?