Question
What is the limit of extension of punishment for guilty
of fraud where the fraud involves an amount less than 10 lakh rupees or 1% of the turnover of the company, whichever is lower, and does not involve public, as per Companies Act, 2013?Solution
As per section 447 of Companies Act 2013 - Where the fraud involves an amount less than ten lakh rupees or one per cent. of the turnover of the company, whichever is lower, and does not involve public interest, any person guilty of such fraud shall be punishable with imprisonment for a term which may extend to five years or with fine which may extend to fifty lakh rupees or with both
Who composed the patriotic song 'Vijayi Vishwa Tiranga Pyara'?
Which Indian public sector unit (PSU) secured orders worth over ₹11,000 crore for thermal power projects?
Which is the most Populated city in the World?
The Sukhna Wildlife Sanctuary got the title of wildlife sanctuary in the year_______
The first life insurance company established in 1818 in India was?
In which year did India first win a gold medal at the Olympic Games?
Which state government recently signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) to boost milk production?
How many members constitute the board of the Securities and Exchange Board of India (SEBI)?
The First World cup Hockey final was won by
Which Indian state recently celebrated its 56th liberation day to commemorate its independence from Portugese rule
