Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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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
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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A minor, after attaining majority, promises to pay a debt contracted during minority.
Anonymous Quiz
29%
A. Enforceable under Sec. 25(3)
26%
B. Enforceable by ratification
30%
C. Not enforceable
15%
D. Voidable
❤1
Which is the strongest ground for lifting the corporate veil?
Anonymous Quiz
6%
A. Large profits
21%
B. Single shareholder company
69%
C. Tax evasion/fraud
5%
D. Foreign ownership
❤1
Materiality under LODR is fundamentally linked to:
Anonymous Quiz
59%
A. Investor impact and decision usefulness
21%
B. Company profitability only
17%
C. Auditor opinion only
3%
D. Board convenience
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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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
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A company issues shares at a discount, except as permitted under the Act. Such issue is:
Anonymous Quiz
15%
A. Voidable
41%
B. Valid if approved by shareholders
32%
C. Invalid / prohibited under law
13%
D. Valid if disclosed in Prospectus
❤1
A connected person proves he had no access to UPSI.
Anonymous Quiz
34%
A. Presumption may be rebutted
45%
B. Presumption remains absolute
14%
C. Liability automatic
7%
D. Open offer triggered
❤1
Agreement uncertain but capable of certainty is:
Anonymous Quiz
34%
A. Void
31%
B. Valid
11%
C. Illegal
24%
D. Voidable
❤1
🚨 CS PROFESSIONAL | GROUP 2 🚨
INSOLVENCY & BANKRUPTCY – LAW & PRACTICE
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INSOLVENCY & BANKRUPTCY – LAW & PRACTICE
🎯 Most Important Question Solving Session
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✅ Real Exam Pattern Questions
✅ High Probability Topics
✅ Smart Answer Writing Approach
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⏰ Time: 3:30 PM
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