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 least number which when divided by 16, 32 and 48 leave remainder 4, 20 and 36 respectively is?
Two numbers are in ratio 23:12. If their HCF is 8, then find the LCM of the given two numbers.
The LCM of x and y is 2057 and their HCF is 23. If x = 187, what will be the value of y?
Two numbers are in the ratio 3:5. The product of their H.C.F. and L.C.M. is 3375. The sum of the numbers is:
The product of two numbers is 3600 and their GCD is 30. What is the LCM?
The LCM of two numbers is 720. The HCF of these numbers is 12. If one of the numbers is 48, find the other number.
What is the unit digit of the number 'C' obtained by subtracting the largest two-digit prime number from the least common multiple (LCM) of all single-d...
The LCM of two natural numbers is 12 times their HCF. If the product of given two numbers is 432, then find the LCM of the numbers.
The HCF of 450 and 740 is 150, their LCM is:
