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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Mission Direct Tax Revision Series
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Topic : Document Under GST & Filing Of Returns
Join Us Live Tonight And Strengthen Your Tax Concepts
Date: 14th April (Today)
Time: 9:30 PM
Live Streaming On MEPL Classes YouTube Channel
Open For All
Link To Join π https://www.youtube.com/live/LNdn_ujqiw4?si=Zb_yy9LOaESQwRVp
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PROFESSIONAL LEVEL QUIZ π
In the context of approval of schemes under Section 230, courts have often deferred to the "commercial wisdom" of creditors and members. This principle implies:
In the context of approval of schemes under Section 230, courts have often deferred to the "commercial wisdom" of creditors and members. This principle implies:
Anonymous Quiz
23%
NCLT must review and approve only those schemes that generate profit within 3 years.
51%
NCLT won't interfere with the commercial merits of a scheme if procedure and fairness are ensured
15%
Creditors are not required to vote if the board approves the scheme.
11%
NCLT must always seek RBI and SEBI approval before allowing commercial restructuring.
π3
FINAL LEVEL QUIZ π
A scheme of compromise proposes to extinguish the rights of a dissenting class of preference shareholders. Which of the following is legally accurate?
A scheme of compromise proposes to extinguish the rights of a dissenting class of preference shareholders. Which of the following is legally accurate?
Anonymous Quiz
7%
The scheme can proceed if it has the boardβs approval.
56%
Rights of a class cannot be extinguished unless it consents through a separate meeting and voting.
28%
The Tribunal can forcefully extinguish rights if it believes the scheme is in public interest.
9%
No separate class voting is required under Section 230β232.
π2
Forwarded from Divya Agarwal Mam (AIR 3)
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FOUNDATION QUIZ
A enters into an agreement with B who has robbed A of 10,000 to drop prosecution against him in consideration of B's returning 8,000. Afterwards B refused to pay. A can get from B
A enters into an agreement with B who has robbed A of 10,000 to drop prosecution against him in consideration of B's returning 8,000. Afterwards B refused to pay. A can get from B
Anonymous Quiz
18%
(a) βΉ 8,000
6%
(b) βΉ100
41%
(c) Nothing
35%
(d) 10,000 plus damages
π1
CSEET QUIZ
A mere attempt to deceive a party to a contract:
A mere attempt to deceive a party to a contract:
Anonymous Quiz
37%
(a) is fraud even though the party is not deceived
38%
(b) is not fraud unless the party is actually deceived
16%
(c) amounts to coercion
9%
(d) amounts to misrepresentation
π1
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β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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