As per Companies Act 2013, a company can vary the objects for which the prospectus was issued and raise capital from the public for any of the following purposes except _____
A company may issue securities for different reasons; the main reason being raising capital to meet its financial requirements. The financial requirements can be starting a venture, repaying debts, expansion and diversification. Or any other general corporate purposes. Note – As per Section 27 of Companies Act 2013 – variation in Prospectus - company has to use funds strictly in accordance with the prospectus. Deviations are required to be pre-approved in general meeting by way of special resolution ; however deviation regarding use of issue proceeds for buying, trading, or otherwise dealing in equity shares of any other listed company is NOT permitted.
Which of the following is NOT a public sector insurance company?
The Chipko movement began as a reaction against_____
The naval drill named 'Maritime Security Belt 2024' involving China, Russia, and Iran took place in:
Which mutual fund has successfully raised over Rs 3,400 crore through its new fund offer for the India Manufacturing Fund?
Which of the following statements is/are correct about the neighbouring countries of India?
(A) India supported Maldives in 2022 with a grant o...
Insurance for All by 2047 aims to make the Indian insurance sector globally attractive. Which of the following are the pillars of the Insurance Sector i...
Tribes of the Nicobar Islands pay their respects to the departed soul of the head of the family during the ______.
Which of the following statements are correct regarding the Supreme Court judgement on validity of 103rd Constitutional Amendment Act?
A. The ...
What is India's rank in Climate Change Performance Index in 2023?
Consider the following statements regarding Pradhan Mantri Matru Vandana Yojana (PMMVY) and mark which is not true accordingly.