Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
The General Insurance Business (Nationalization) Act, 1972 was passed by the Indian Parliament to nationalize all general insurance companies operating in India. The act led to the creation of four public sector general insurance companies: National Insurance Company Limited, New India Assurance Company Limited, Oriental Insurance Company Limited, and United India Insurance Company Limited. The act did not allow for the entry of private players into the general insurance sector in India. The concept of third-party insurance was not abolished by the act. Hence, option A is correct.
Which of the following statements are not a part of the financial statements as per Companies Act?
As per Companies Act, a Prospectus is to be issued within _______ from the date of delivery of prospectus to the Registrar.
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 Section deals with ‘Company to accept unpaid share capital, although not called up’?
Within how many days of incorporation should the first meeting of Board of Directors to be held according to Companies Act, 2013?
What is the maximum Managerial Remuneration that can be paid in case of Absence or Inadequacy of Profit?
The appointment of Directors is to be approved by company in ____
Which of the following does not form the part of a Negotiable Instrument as per Negotiable Instruments Act, 1881?
As per Companies Act, 2013, the balance in Securities Premium account can be used for the following purposes except _________
