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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CA/CMA Inter & CS Executive | Law - Class 3 By Divya Agarwal Mam | MEPL Classes
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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-orientedβ¦
In this lecture, Divya Agarwal Mam, one of the best Law faculty in India, begins the Company Law series with conceptual clarity and exam-orientedβ¦
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
58%
C. Revaluation Reserve
13%
D. Securities Premium (where permitted)
β€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
β€1
Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
Forfeited shares on which βΉ40 has been forfeited are reissued at a discount of βΉ45.
Anonymous Quiz
18%
A. Valid with Board approval
37%
B. Valid if authorised by Articles
41%
C. Invalid
4%
D. Valid if fully paid
β€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
β€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
β€1
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