Question
As per the Companies Act, what is the minimum threshold
of fraud that attracts imprisonment and a fine?Solution
Section 447. Punishment for fraud: Without prejudice to any liability including repayment of any debt under this Act or any other law for the time being in force, any person who is found to be guilty of fraud involving an amount of at least ten lakh rupees or one percent. of the turnover of the company, whichever is lower, shall be punishable with imprisonment for a term which shall not be less than six months but which may extend to ten years and shall also be liable to fine which shall not be less than the amount involved in the fraud, but which may extend to three times the amount involved in the fraud.
The soils of very cold climates which are defined as containing permafrost within two meters of the soil surface belongs to the order
White leghorn is a poultry breed famous for
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The nutrient removed in maximum quantity by paddy crop is:
The eukaryotic ribosomes are __ while the prokaryotic ribosomes are ____.
On whose recommendations the Quality Council of India was established?
When predators interact with prey populations in an ecological setting, which of the following combinations of responses typically occur due to changes ...
Which wheat rust is known as a killer disease?
Market conduct not includes
Which nutrient is regarded essential for protein synthesis in plant cells ?