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.
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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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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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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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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
20%
A. Capital Redemption Reserve
8%
B. Free Reserves
59%
C. Revaluation Reserve
13%
D. Securities Premium (where permitted)
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
A, by fraud, induces B to enter into a contract. Before B rescinds it, A sells the subject matter to C, who purchases it in good faith and without notice.
Anonymous Quiz
19%
A. B may rescind against both A and C
45%
B. B loses the right to rescind against C
31%
C. Contract becomes void ab initio
5%
D. C acquires no rights
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Forfeited shares on which ₹40 has been forfeited are reissued at a discount of ₹45.
Anonymous Quiz
17%
A. Valid with Board approval
37%
B. Valid if authorised by Articles
42%
C. Invalid
4%
D. Valid if fully paid
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Under the SAST Regulations, acquisition of "control" may trigger an open offer even where:
Anonymous Quiz
7%
A. No shares are acquired
56%
B. Less than 25% voting rights are acquired
26%
C. Both A and B
11%
D. More than 75% shares are acquired
❤1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
The materiality principle under LODR is assessed primarily from the viewpoint of:
Anonymous Quiz
6%
A. The Board of Directors
45%
B. A reasonable investor
34%
C. The Statutory Auditor
15%
D. The Stock Exchange
❤1
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Why Study Randomly When You Can Learn From India's Most Trusted Faculty Team? 💯
🔥 FAST-TRACK BATCH For ALL SUBJECTS
🏫 Face-To-Face Classes For Kolkata & Nearby Students
📺 LIVE On Mohit Agarwal - Divya Agarwal YouTube For Students Across India
📅 Batch Commences From 10th August
⚡ Limited Seats Available
Whether You're Starting Late Or Targeting 300+ Marks, This Is Your Chance To Revise Smarter And Crack The CA Foundation Sep '26 Exams With Complete Exam-Oriented Preparation. 📚
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