Question
Every Nidhi Company shall, within a period of one year
from the commencement of the Nidhi Rules 2014, ensure that it has _______________Solution
Section 5 Â for minimum number of members, net owned fund etc.: (1) Every Nidhi shall, within a period of one year from the commencement of these rules, ensure that it has:Â (a) not less than two hundred members; (b) Net Owned Funds of ten lakh rupees or more; (c) unencumbered term deposits of not less than ten per cent of the outstanding deposits as specified in rule 14; and (d) ratio of Net Owned Funds to deposits of not more than 1:20.
In ABC analysis, A, B and C stand for:
Expand CRILC
Which section of the Companies Act, 2013, deals with the 'Corporate Social Responsibility' (CSR) provisions?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Parent Co. acquires 80% of Subsidiary Co. for ₹16,00,000 when Subsidiary’s net assets are ₹15,00,000. At acquisition, the fair value of minority i...
A factory produces a product with selling price ₹500, variable cost ₹300 and fixed cost ₹9,00,000. Due to market conditions, price is reduced by 1...
How much amount of exemption is allowed for gratuity if received at the time of retirement?
An audit which is authorized, governed and made compulsory under law is known as:
What is Government e-Marketplace (GeM)?
In project finance, a 'Special Purpose Vehicle (SPV)' is created primarily to: