Banking company incorporated in India is required to create a reserve fund __________________ transfer to the reserve fund a sum equivalent to not less than twenty per cent of such profit
Section 17. Reserve Fund: (1) Every banking company incorporated in India shall create a reserve fund and shall, out of the balance of profit of each year as disclosed in the profit and loss account prepared under section 29 and before any dividend is declared, transfer to the reserve fund a sum equivalent to not less than twenty per cent of such profit.
Art 12 of the Constitution of India defines State to include:
According to the Insurance Act, 1938 the holder of a policy of life insurance on his own life may, ______________________, nominate the person or person...
A listed company or an aggrieved investor may file an appeal before the Securities Appellate Tribunal against the decision of the recognised stock excha...
Precept is issued by___ to __.
Which of the following legal systems is based on judicial precedent?
When do the standing orders or modified standing orders come into operation, as per Code 33 (1) of the Occupational Safety, Health and Working Conditio...
Persons not eligible for appointment as an auditor of a company are ___________
Nothing is said to be done or believed in good faith which is done
What is the limitation period for a suit by a mortgagor to enforce payment of money secured by a mortgage or otherwise charged upon immovable property?
Which section of the Insurance Act deals with the provisions relating to the restrictions on the opening of a new place of business?