Question
As per companies Act 2013, which of the following
statements are correct? 1. A company shall not issue shares at a discount except sweat shares. 2. Sweat equity shares are equity shares issued by a company to its employees or directors at a discount. 3. A penalty which may extend to an amount equal to the amount raised through the issue of shares at a discount or five lakh rupees, whichever is less.Solution
These provisions are given in the Section 53 and 54 of the Companies Act 2013. Section 55: Issue and redemption of preference shares. Section 56: Transfer and transmission of securities.
If net profit is ₹1,20,000 and total sales is ₹8,00,000, what is the Net Profit Margin, as per Vertical Analysis?
CSR committee of a Board shall consists of ________.
Which section of the Companies Act, 2013 deals with an audit of cost accounting records -
A lessee enters into a 5-year property lease with fixed annual rentals and variable payments linked to CPI, initially measured using the CPI at commence...
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With effect from ______, the historic indirect tax reform- GST was introduced in India.
Which of the following statements is FALSE with regard to working capital management?
As per section 408 of the Companies Act the National Company Law Tribunal shall consist of ________________
In a Bank Guarantee transaction, which parties are typically involved?
Under Income tax, how much deduction is allowed for tuition fee of children?
