Penalty for willful contravention of Sections 139,144,145

asked on 11-Apr-24 10:22

Kindly let me know what is correct. The Text in para or the text in Table

latest answer

No answers yet!!

Rajasekaran Suresh

CA Inter

★ 420

0

47

Quorum for unlisted public company

answered on 11-Apr-24 09:38

Is the quorum for the General Meeting of the Shareholders for public company of members upto 5000 15 or 30 Is this answer correct???

latest answer

If the number of members is >1000 but up to 5000 of a public company then 15 members should personally present.

Aswin Mohan

CA Inter

★ 5

1

73

Share Capital and debentures

answered on 10-Apr-24 10:45

Pls explain the qn with the answer.

latest answer

The answer given in the qn is 5% and 2.8%

STEPHY ANTO B

CA Final

★ 1K+

1

63

Llp

asked on 09-Apr-24 06:06

In this question, two partners are designated partners and one is resident, and other one is non resident, then it is correct. But here it is given to appoint one more non resident..what is the answer mam?..3rd question mam?..

latest answer

No answers yet!!

shanthini hariharan

CA Inter

★ 6K+

0

70

Free consent

answered on 09-Apr-24 10:02

In problem 8, Is son of the old man is the next owner of that property?

latest answer

The property will be inherited by the legal heirs of X.

Sahil kumar sharma

CA Foundation

★ 0

1

73

law

answered on 06-Apr-24 09:41

SIR , exception to doctrine of caveat emptor means seller held liable but how goods purchased under brand is an exception

latest answer

When the seller sells goods under a brand name This is no exception to the rule of caveat emptor. Here, when the buyer buys goods which are branded or under a trademark, there is no implied condition or warranty on part of the seller about the usefulness or quality of the product sold.

GNANESWAR BEHARA

CA Foundation

★ 0

2

86

Incorporation of company

answered on 04-Apr-24 13:04

What will be the answer and why?

latest answer

Sec 3 Member of OPC shall be Indian Citizen. He may or may not be resident in PFY Solution: (d)

Mainak Chakraborty

CA Inter

★ 0

3

116

FEMA

answered on 04-Apr-24 16:31

"Person of Indian origin with us citizenship" Without providing any further details on the question Can we decide whether such person is a PRII or PROI ?

latest answer

Such a person will be considered as a person of Indian Origin however, determining whether he is a PRII or PROI will require further information.

Sai Akash rockster

CA Inter

★ 5

1

73

Preliminary

answered on 03-Apr-24 18:13

For a small company the paid-up share capital and turnover limits are 50Lakhs and 2Crores as per definition of companies act BUT its given as 4Crores and 40Lakhs in as per companies rules which one should we write in exam?

latest answer

The recent amendments to the Companies (Specification of Definitions Details) Rules, 2022, have set the bar at a maximum of Rupees 4 Crores for paid-up capital and Rupees 40 Crores for turnover. These thresholds serve as crucial benchmarks, delineating Small Companies from larger entities.

Monika T

CA Inter

★ 7K+

2

96

FEMA

answered on 06-Apr-24 09:44

Highlighted point doubt , Kindly explain me in detailed with abbreviations

latest answer

Cost, insurance and freight- CIF Freight on bord - FOB, FAS- Free along side FOB and CIF terms are used in international trade in relation to shipping when goods enter the national borders. These terms are used to decide when the goods become the buyer’s property from the seller’s property and who is liable for costs and risks associated with goods in transit. FOB is free on board, also known as freight on board.

Sai Akash rockster

CA Inter

★ 5

1

87