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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
A minor supplies necessaries to another minor. Recovery lies against:
Anonymous Quiz
22%
A. Minor personally
23%
B. Guardian personally
40%
C. Property of recipient minor
16%
D. Nobody
β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
A company reissues forfeited shares at a discount greater than the amount forfeited.
Anonymous Quiz
37%
A. Valid with Board approval
26%
B. Valid with SR
32%
C. Invalid
4%
D. Valid if disclosed
β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Acquisition of control may occur through:
Anonymous Quiz
50%
A. Shareholding only
17%
B. Board seat only
29%
C. Contractual veto rights
4%
D. Dividend rights
β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Celebrating The Vision, Wisdom, And Everlasting Impact Of Mohit Agarwal Sir β A True Mentor, Leader, And Inspiration To Thousands Of Students. Your Legacy Lives On Through Every Life Youβve Touched. Happy Birthday To The Guiding Light Who Taught Us That Life Should Be Great, Not Just Long. πππ
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Mohit Agarwal - Divya Agarwal MEPL Students Community pinned Β«π₯ CMA Final INDIRECT TAX LAWS & PRACTICES Power Pack Series π Turn Taxation Into Your Strongest Scoring Subject! β
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Lastβ¦Β»
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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A promoter enters into a contract "on behalf of" a company that does not yet exist.
Anonymous Quiz
8%
The strongest legal objection is:
20%
A. Promoter lacked authority
11%
B. Company lacked capital
45%
C. Principal did not exist at the time of contract
16%
D. Contract lacked consideration
β€1
A company is formed exclusively to divert profits and avoid an existing court decree against its promoter.
Which principle is most likely to apply?
Which principle is most likely to apply?
Anonymous Quiz
10%
A. Perpetual succession
31%
B. Separate legal entity
21%
C. Indoor management
38%
D. Lifting of corporate veil
β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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The primary objective behind PIT Regulations is:
Anonymous Quiz
7%
A. Maximize company profits
75%
B. Protect informational equality and market integrity
17%
C. Restrict promoter shareholding
1%
D. Increase trading volume
β€2
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