Start learning 50% faster. Sign in now
Uncalled liability on shares and other partly paid investments will be shown under the Contingent Liabilities and Commitments head according to Schedule III of the Companies Act, 2013. Contingent Liabilities refer to potential obligations that may arise in the future, depending on the occurrence of certain events. In the case of uncalled liability on shares and partly paid investments, the shareholders have a contingent liability to pay the remaining amount when called upon by the company. According to Schedule III, these contingent liabilities, including uncalled liability on shares and partly paid investments, are to be disclosed separately under the Contingent Liabilities and Commitments section in the financial statements of the company. This disclosure ensures that stakeholders are aware of potential future obligations that may impact the financial position of the company.
A well-developed corporate bond market provides additional avenues to corporate for rising funds in a cost effective manner and reduces reliance...
A large part of his success over the (A) / last year owes itself to this more (B) / urgent style of play, which conserves both (C) / energy and discomfi...
Identify the segment in the sentence, which contains a grammatical error. If there is no error, select 'No error'.
The audience were beginning to...
I have been knowing(1)/ him for the last(2)/ five years but now I don’t(3)/ know where he lives.(4)
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option.
All the members (a)/ of the Board are kindly(b)/ requested to appear in the next meeting. (c)/ No Error (d)
As dish after dish arrived, I tried to (a)/ convince myself that the fried tripe slices (b)/ could been mushrooms, but the boiled frog's head encased (c...
Indore retained its prominence even in the 20th Century due to its association with four prominent musicians linked with the city.
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate optio...
If any Governor believed that he had (1)/many say in the matter of fixing a date for the Speaker’s election, (2)/it is both contrary to the constitut...