Get Started with ixamBee
Start learning 50% faster. Sign in now
The tenor of the Takeout Amount with IIFCL should not exceed 85% of the economic life of the project. In case of PPP projects approved by PPPAC/EC/EI which have provision of compulsory buyback by the authority on termination, IIFCL can remain as sole lender after other lenders are paid out. In case of non- PPP Electricity generation projects having long term power purchase agreements with state utilities for majority of its capacity, IIFCL can remain as sole lender after other lenders are paid out; however, the tenor of IIFCL Takeout should not exceed 85% of the economic life of the project. In case of such non –PPP projects where IIFCL offers takeout of tenor longer than tenor of existing lenders, IIFCL‟s risks be covered by seeking guarantees from the holding company or any other form of recourse.
Which of the following Section deals with ‘Company to accept unpaid share capital, although not called up’?
As per Companies Act, 2013, the balance in Securities Premium account can be used for the following purposes except _________
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
Which of the following statements are not a part of the financial statements as per Companies Act?
Within how many days of incorporation should the first meeting of Board of Directors to be held according to Companies Act, 2013?
As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold offic...
The appointment of Directors is to be approved by company in ____
As per Companies Act, a Prospectus is to be issued within _______ from the date of delivery of prospectus to the Registrar.
What is the maximum Managerial Remuneration that can be paid in case of Absence or Inadequacy of Profit?
