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The word ‘insolvent’ means ‘not having enough money to pay debts, buy goods, etc.’. It is correct here. Aftermath- the period that follows an unpleasant event or accident, and the effects that it causes. Get rid of- take action so as to be free of (a troublesome or unwanted person or thing). Ambit- the range or limits of the influence of something. If news gets out that the company has become insolvent , they will stop getting further funds.
The Tenth Schedule of the Constitution of India makes provision for:
Which of the following statements is true as per the SEBI Act?
When no interest is specified in the instrument, interest on the amount due thereon, shall be calculated at the rate of__________________ as per the NI ...
Section 25 of The Limitation Act, 1963 deals with_______?
Facts under the Acts may be______.
What does "settlement" include as per the Industrial Relations Code?
Effect of fraud or mistake has been prescribed in Section_______ of the Limitation Act, 1963.
‘A’ without any excuse fires a loaded gun into crowd of persons and kills one of them."
As per the Indian Penal Code, 1860, ‘A’ is gui...
Every appeal under section 20 of the Recovery of Debts and Bankruptcy Act shall be filed within a period of ___________ from the date on which a copy of...
Which school of jurisprudence investigates the purpose for which a particular law has been enacted?
