Section 21. Interim provisions for management of Indian insurance companies: (1) Notwithstanding anything contained in the Companies Act or in the memorandum and articles of association of any Indian insurance company, on and from the appointed day and until a new board of directors of the Indian insurance company is duly constituted, the management of the company shall continue to vest in the Custodian in charge of the management of the undertaking of that company immediately before the appointed day by virtue of the provisions contained in the General Insurance (Emergency Provisions) Act, 1971, and the Custodian shall be entitled, subject to such directions as the Central Government may issue in this behalf, to exercise all the powers and do all acts and things as may be exercised or done by the company or by its board of directors.
A person shall be eligible for appointment as an auditor of a company only if he is a _______________
______ is a system that focuses on activities as the fundamental cost objects and uses the cost of these activities for compiling the costs of product...
A trader sells entire raw material to a manufacturer of finished products in the same state. He buys his stock in trade from other states as well as fro...
What does section 6 of the Income Tax Act deal about?
In case of redemption of debentures, Debt/equity ratio will:
Read the following information to answer the below questions:
Journal entry for recording of bad debt expense is which one among the following?
Which of the following is true?
Taxes that are levied on any Intra-State purchase are?
A Ltd owns land and building which are carried in its balance sheet at an aggregate carrying amount of 10 million. The fair value of such asset is 15 mi...
