A's acceptance is posted on Monday. A revocation of acceptance is sent by speed post on Tuesday and reaches the proposer before the acceptance letter.
Anonymous Quiz
10%
A. Acceptance prevails
65%
B. Revocation is valid
25%
C. No communication exists
0%
D. Contract is void
❤2
A company forfeits shares on which ₹30 stands forfeited and reissues them at a ₹35 discount.
Anonymous Quiz
11%
A. Valid if Articles permit
33%
B. Valid by Special Resolution
48%
C. Invalid
8%
D. Valid if fully paid
❤2
Debenture holders become members:
Anonymous Quiz
13%
A. On allotment
21%
B. On registration of charge
63%
C. Only upon conversion, if convertible
4%
D. On redemption
❤2
A connected person trades while in possession of UPSI but proves the trade was executed pursuant to a valid pre-scheduled trading plan.
Anonymous Quiz
2%
A. Automatic liability
16%
B. Automatic exemption
78%
C. Liability determined under the applicable regulatory framework governing trading plans
4%
D. Liability depends only on profit
❤2
The presumption against a connected person under PIT is:
Anonymous Quiz
10%
A. Conclusive
52%
B. Rebuttable
14%
C. Irrelevant
24%
D. Applicable only to directors
❤2
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❤1
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
📣Game Changer For CA Foundation Sep'26 Students - MEPL Presents FREE 📝 Test Series✍️ For All Subjects As Per ICAI Pattern🗡 Starts From 5th August - Daily 11:00 PM To 2:00 PM 🗓 Must Attend This Best Test Series Ever As Per Above Routine 🔥
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The presumption against a connected person under PIT is:
Anonymous Quiz
2%
A. Conclusive
55%
B. Rebuttable
12%
C. Irrelevant
31%
D. Applicable only to directors
❤1
A connected person trades while in possession of UPSI but proves the trade was executed pursuant to a valid pre-scheduled trading plan.
Anonymous Quiz
3%
A. Automatic liability
10%
B. Automatic exemption
87%
C. Liability determined under the applicable regulatory framework governing trading plans
0%
D. Liability depends only on profitable
❤1
A company proposes to issue bonus shares by capitalising:
Free Reserves Capital Redemption Reserve Revaluation Reserve
Free Reserves Capital Redemption Reserve Revaluation Reserve
Anonymous Quiz
18%
A. 1 only
51%
B. 1 & 2 only
18%
C. 2 & 3 only
13%
D. 1, 2 & 3
❤1
Which doctrine cannot validate an agreement entered into by a minor?
Anonymous Quiz
23%
A. Estoppel
20%
B. Ratification
48%
C. Both A and B
8%
D. Novation
❤1
A bilateral mistake regarding the identity of the subject matter makes the agreement:
Anonymous Quiz
27%
A. Voidable
15%
B. Illegal
46%
C. Void
12%
D. Valid unless loss occurs
❤1
Every successful student has a story.
Behind every story stands a Guru who believed before the world did. 🌸
This Guru Purnima, we bow with gratitude to every teacher who doesn't just teach subjects—but shapes futures, builds confidence, and transforms lives.
Happy Guru Purnima! 🙏✨
#GuruPurnima #Gratitude #TeachersDay #MEPLClasses #LearnGrowLead
Behind every story stands a Guru who believed before the world did. 🌸
This Guru Purnima, we bow with gratitude to every teacher who doesn't just teach subjects—but shapes futures, builds confidence, and transforms lives.
Happy Guru Purnima! 🙏✨
#GuruPurnima #Gratitude #TeachersDay #MEPLClasses #LearnGrowLead
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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😀Join CA Inter Telegram Group - https://t.me/meplcainter
😀Join CA Inter Telegram Group - https://t.me/meplcainter
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
📣Game Changer For CA Foundation Sep'26 Students - MEPL Presents FREE 📝 Test Series✍️ For All Subjects As Per ICAI Pattern🗡 Starts From 5th August - Daily 11:00 PM To 2:00 PM 🗓 Must Attend This Best Test Series Ever As Per Above Routine 🔥
TOP 1️⃣0️⃣ Students Will Students Will Get Scholarship 🏆At INTER LEVEL🚀
✅ Join CA Foundation Telegram Group - https://t.me/meplcafoundation
TOP 1️⃣0️⃣ Students Will Students Will Get Scholarship 🏆At INTER LEVEL🚀
✅ Join CA Foundation Telegram Group - https://t.me/meplcafoundation
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🚀 Kickstart Your Law Preparation with Class – 3
👩🏫 By CA CS Divya Agarwal (AIR 3) – The Law Queen
📕 For: CA/CMA Inter & CS Executive
📒 Date: 30th July (Today )
⏰ Time: 11:15 AM
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In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-oriented…
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CA/CMA Inter & CS Executive | Law - Class 3 By Divya Agarwal Mam | MEPL Classes
Welcome to Law – Class 3 by Divya Agarwal Mam for CA Inter, CMA Inter & CS Executive Students at MEPL Classes.
In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-oriented…
In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-oriented…
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Which reserve cannot be capitalised for Bonus Shares?
Anonymous Quiz
19%
A. Capital Redemption Reserve
8%
B. Free Reserves
59%
C. Revaluation Reserve
13%
D. Securities Premium (where permitted)
❤1