Question
What are the factor to be taken into consideration for
determining the level of punishment while deciding the amount of fine or imprisonment under the Companies Act?Solution
Section 446. Application of fines- 446A. Factors for determining level of punishmentThe court or the Special Court, while deciding the amount of fine or imprisonment under this Act, shall have due regard to the following factors, namely: — (a) size of the company; (b) nature of business carried on by the company; (c) injury to public interest; (d) nature of the default; and (e) repetition of the default.
What is the duration for which Payment Service Providers must maintain their books of accounts, records, and documents as per IFSCA regulations?
Which among the following is a type of budgeting technique where the previous year’s figures are not used as a base for preparing next year’s budget...
Improving the employee performance is a key part of human resource development. Which of the following helps in achieving this by increasing employee’...
What restriction is placed on Special Category Clients (SCC Banks) when importing gold and silver through the India International Bullion Exchange (IIBX...
ABC Ltd purchased an asset of Rs.70 crore. As on date of purchase, 1 USD was equivalent to Rs.70. the company paid after a year when the exchange rate c...
Zurich is considered as a Niche Financial Centre. It focuses on ________.
Annual Cost Saving ₹4,00,000; Useful life 4 years; Cost of the Project ₹11,42,000. The Payback period would be-
Which of the following features is common to both PMKVY and RAMP Scheme?
As per RBI guidelines for ARCs, an asset becomes non-performing when the interest or principal is overdue for a period of how many days from the date o...
What is charge created on gold loan?
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