Question
A reserve account that shall not be used by the company
for any purpose other than repayment of deposits is called_____.Solution
According to Section 73(2) (c) of the Companies Act, 2013, depositing such sum which shall not be less than 15% of the amount of its deposits maturing during a financial year and the financial year next following, and kept in a scheduled bank in a separate bank account to be called as deposit repayment reserve account.
According to the report, the number of dollar-billionaire promoters in India (those with a net worth of $1 billion, or around Rs 8,241 crore) has fallen...
What agent is primarily responsible for converting milk into curd?
Which of the following statements is true regarding the MEDITECH STACKATHON 2024 launched in New Delhi?
Kalpana Chawla Centre for Research in Space Science & Technology has been inaugurated in which university?
What significant outcome was highlighted from the India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT 24)?
What is India's position in the World Happiness Report 2025?
Recently which of the following public sector oil company announced to open 50 fuel stations in Sri Lanka to help alleviate crisis?
Which article of the Indian Constitution specifies the term of office for a Governor?
What is money Laundering?
______ government has signed an MoU with Patanjali foods for the establishment of a palm oil cultivation project in the state.
