Question
What is the punishment for improper use of “Limited”
or “Private Limited” under the Companies Act?Solution
Section 453. Punishment for improper use of “Limited” or “Private Limited”- If any person or persons trade or carry on business under any name or title, of which the word “Limited” or the words “Private Limited” or any contraction or imitation thereof is or are the last word or words, that person or each of those persons shall, unless duly incorporated with limited liability, or unless duly incorporated as a private company with limited liability, as the case may be, punishable with fine which shall not be less than five hundred rupees but may extend to two thousand rupees for every day for which that name or title has been used.
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true e...
Statements-:
Only a few Apple are not Mango
Some mangoes are orange
All orange are grapes
Conclusions-:
I. All or...
Statements: All Puma are Nike.
All Adidas are Nike.
All Nike...
Statements:All papers are pencils.
No pencil is an eraser.
Conclusions:I. No paper is a pencil.
II. No paper is an eraser.
...In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true e...
Statement:
Only a few clock are timer
Only timer is needle
No clock is watch.
Conclusion:
Statements:
Only a few Ear are Eye.
No Eye is a Hand.
Only a few Hand is Leg.
Conclusions:
I. All Legs can never...
Statements: No silver is a finger.
All fingers are diamonds.
Some diamonds are rings.
Conclusions: I. Atleast some rings are diam...
Statements: some record are folder.
No folder is a data.
...
Statements:
Few Orphan are Deaf.
All Deaf are Blind.
No Blind is Lame.
All Dumb are Lame.
Conclusion:
...
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