Question
Where a resolution is passed at an adjourned meeting of
a company the resolution shall, for all purposes, be treated as_________________Solution
Companies Act Section 116.Resolutions passed at adjourned meeting: Where a resolution is passed at an adjourned meeting of— (a) a company; or (b) the holders of any class of shares in a company; or (c) the Board of Directors of a company, the resolution shall, for all purposes, be treated as having been passed on the date on which it was in fact passed, and shall not be deemed to have been passed on any earlier date.
An insurer holds a bond portfolio to collect contractual cash flows; the assets are sometimes sold to manage duration risk, though not frequently. Cash ...
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Input = 10,000 units @ ₹20/unit, Normal loss = 10%, Scrap value = ₹2/unit. What is cost per unit of output assuming no abnormal loss?
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
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According to the Companies Act, 2013, every listed company must constitute an Audit Committee. Which of the following is not a role of this committee?
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
