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.
There are eight members in the family J, K, L, M, N, O, P and Q with the three generations. No single person in the family is a parent. M is the mother ...
How is F related to C?
How is R related to Q?
How is Q related to O?
How is A related to B?
How is H related to C?
Pointing to a boy, Pankaj said: He is grandson of the woman who is mother – in – law of the husband of my mother. How is the boy related to Pankaj?<...
Who is the grandmother of A? Â Â
Who among the following persons is a female member of the family?
Who is mother-in-law of R?