Question
What is the restriction on commission, brokerage,
discount, etc., on sale of shares as per the Banking Regulation Act?Solution
Section 13. Restriction on commission, brokerage, discount, etc., on sale of shares: Notwithstanding anything to the contrary contained in sections 76 and 79 of the Companies Act, 1956, no banking company shall pay out directly or indirectly by way of commission, brokerage, discount or remuneration in any form in respect of any shares issued by it, any amount exceeding in the aggregate two and one-half per cent. of the price at which the said shares are issued
In execution of decree of money-
According to section 96 of the Companies Act the annual general meeting of an unlisted company may be held at any place in India if ________________
Which of the following cases talks about right to education as a Fundamental Right?
All of the following are sources of administrative law, EXCEPT:
What is the maximum time allowed by the Court to the parties to work out a mutually satisfactory disposition under Section 290(4)(a)?
What may happen if the parties reach an agreement on a settlement of the dispute?
A company has 1,000 shareholders and its turnover has crossed Rs. 50 crores in the previous financial year. The company must now constitute an Audit Com...
Agreement is defined in Section _____ of the Indian Contract Act, 1872.
Under the Right to Information Act, 2005, which section provides for "Exemption from disclosure of information"?Â
 In which year was the Copyright Act enacted in India?
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