Question
The delay in filing a complaint under Section 138 of
Negotiable Instrument Act, 1881 can be condonedÂSolution
The proviso to Section 142(1) of Negotiable Instrument Act- Cognizance of offences.—1 [(1)] Notwithstanding anything contained in the Code of Criminal Procedure, 1973— (a) no court shall take cognizance of any offence punishable under section 138 except upon a complaint, in writing, made by the payee or, as the case may be, the holder in due course of the cheque; (b) such complaint is made within one month of the date on which the cause of action arises under clause (c) of the proviso to section 138. Provided that the cognizance of a complaint may be taken by the Court after the prescribed period, if the complainant satisfies the Court that he had sufficient cause for not making a complaint within such period.
IGST is collected in case of what type of sales?
Under purchase method of consolidation (older term), goodwill on consolidation arises when:
What is the journal entry for purchasing Machinery from M/S Darjeeling?
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
The accounting for 'Amalgamation' of companies is dealt with under:
Electronic Fund Transfer (EFT) is a:Â
ABC Ltd. reported net profits of ₹12 lakh, but their cash from operations was only ₹3 lakh. The company made large purchases of inventory and extend...
Which of the following is an example of non-cash investing and financing activity that must be disclosed separately?
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...