Question
The Board of Directors of a company need approval at the
company general meeting for contribution, to bona fide charitable and other funds, exceeding _________________ of its average net profits for the three immediately preceding financial years.Solution
Under section 181 of the Companies Act, the Board of Directors of a company may contribute to bona fide charitable and other funds; for contributions exceeding 5% of its average net profits for the three immediately preceding financial years, approval at company general meeting is required.
If G @ H & I % J @ L ^ K then how is J related to H?
A#B means A is husband of B.
A@B means A is daughter of B.
A%B means A is father of B.
A&B means A is sister of B.
If O & Q ...
If 'A % B' means 'A is wife of B', 'A # B' means 'A is brother of B', 'A @ B' means 'B is son of A', 'A & B' means 'A is daughter of B', 'A $ B' means '...
If J * K $ L % M @ N % Q is true then how is J related to Q?
'A # B' means 'A is the mother of B'. 'A & B' means 'A is the spouse of B'. 'A % B' means 'A is the sister-in-law of B'. If H # I, K & H, Q % H, T & X #...
'A $ B' means 'A is the mother of B'. 'A % B' means 'A is the wife of B'. 'A @ B' means 'A is the sister of B'. 'A # B' means 'A is the son of B'. If I ...
If D @ E ^ F & G % H @ I then how is I related to F?
If (A @ B) means A is son of B, (A # B) means A is father of B, (A & B) means A is mother of B, (A $ B) means A is brother of B. If G @ H&I # J $ K@ L, ...
If B is the daughter of F’s brother in law, then which of the following expression is true?
If ‘A % B’ means ‘A is wife of B’, ‘A # B’ means ‘A is brother of B’, ‘A @ B’ means ‘B is son of A’, ‘A & B’ means ‘A is d...