CA Gaurav Jha.
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If Resolution Plan contains a provision for combination as per Competition Act,2002. Who has to take the approval from CCI and when as per IBC,2016 ?
Anonymous Quiz
28%
Resolution Professional, After Appointment
10%
NCLT, after approval of plan
52%
Resolution Applicant , Prior approval of plan
10%
Corporate Debtor, Before Combination
Within how many days liquidator have to provide information to the creditors under IBC,2016 ?
Anonymous Quiz
37%
14 days
32%
7 days
13%
21 days
17%
30 days
Mr. A has not taken approval for the remittances made from RFC A/c for the transactions mentioned in Schedule 2 under FEMA 1999?
Anonymous Quiz
10%
Not Correct, CG approval required
12%
Not Correct, RBI approval Required
4%
Prohibited Transaction
73%
Correct, No approval Required
Department claimed that the property is Benami Property. Onus of proof is on under PBTA 1988?
Anonymous Quiz
23%
Benamindar
10%
Benificial Owner
63%
Department
4%
Other Interested parties
If chairperson is unable to attend meeting of Authority who shall preside at the meeting under RERA, 2016 ?
Anonymous Quiz
76%
Senior most member
1%
Real Estate Agent
2%
Promoter
20%
Any Member chosen by members present in meeting
Penalty for Reporting Entity under PMLA,2002 for non compliance of obligations ?
Anonymous Quiz
9%
10000
19%
10000 to 1 lacs
52%
10000 to 1 lacs for each failure
20%
500 to 10000 for each failure
Records obtained while enhanced due diligence to be maintained for how much period under PMLA,2002 ?
Anonymous Quiz
24%
7 years
13%
3 years
33%
8 years
30%
None of the above
Within how many days penalty to be paid by the person as per PMLA, 2002 ?
Anonymous Quiz
20%
180 days
42%
90 days
25%
6 months
13%
3 months
Indian citizen Resident outside India permitted to transfer Agriculture property in India to ?
Anonymous Quiz
5%
PROI
86%
PRI
3%
OCI
5%
RBI
Within how many days public announcement to be made by the NCLT under IBC 2016 ?
Anonymous Quiz
53%
3 days
23%
7 days
19%
14 days
5%
None of the above
As per FEMA, 1999 for the purpose of Remittance of membership of P & I club required permission if ?
Anonymous Quiz
38%
Amount more than $ 250,000 from RBI
8%
Amount more than $ 1 crore from RBI
30%
Prohibited transaction
24%
None of the above
Whether Limitation Act apply in case of Defect in legal title of project under RERA,2016 ?
Anonymous Quiz
51%
Yes
49%
No
Pre- Requisite of good competition is ?
Anonymous Quiz
27%
Commerce
15%
Profit
49%
Trade
9%
Sales
Agreement B/w operating at same level of business under Competition Act, 02 is known as ?
Anonymous Quiz
14%
Vertical Agreement
1%
Triangle Agreement
79%
Horizontal Agreement
6%
Cartel Agreement
Co- operative society decided to help farmers to take their produce to market.
Whether it is Cartel ?
Anonymous Quiz
5%
Yes as they are taking control
95%
No, it is not cartel
Turnover to be considered for penalty purpose for abuse of dominant position ?
Anonymous Quiz
37%
Total Turnover
53%
Relevant Turnover
9%
Both
Mr. G filed application for initiation of CIRP to NCLT due to non receipt of amount of Rs. 2 crore from Corporate Debtor ? Whether Mr. G being Individual is right ?
Anonymous Quiz
74%
Yes as the amount is more than 1 crore
14%
Yes as Mr. G alone can file application
2%
No, as amount is only 2 crore
10%
None of the above
Within how many days first meeting of COC should take place under IBC,2016 ?
Anonymous Quiz
7%
3 days
78%
7 days
11%
14 days
3%
21 days