Deb trustee

asked 45 mins ago

Is it read as 2% of gross turnover Or total income amount Or rs50lac Cause gross turnover and total income are diff ? Where am i wrong

latest answer

No answers yet!!

Sushmita Chowdhury

CA Inter

★ 715

0

5

deb trustee

asked 2 hrs ago

"can't be deb trustee= who has furnished any gaurantee in respect of principal debts secured by the debentures or intrest thereon" meaning of this ? Maam pls correct where im wrong Sec71 = CO ISSUE DEB to deb hr in this point it said DEBTOR ISSUED DEBENTURE to Co as a security ? + the debtor also appointed a gaurantor ? n tht gaurantor can't be deb trustee ?

latest answer

No answers yet!!

Sushmita Chowdhury

CA Inter

★ 715

0

10

GENERAL CLAUSES ACT

answered 5 hrs ago

What is the meaning of "previous publications " in law?

latest answer

1897

Dhivyaa Latha

CA Inter

★ 4K+

1

21

Holding subs

answered 14 hrs ago

Co BLtd holding Co Altd Subsidiary Co CLtd So therefore ALtd is deemed subsidiary of CLtd DLtd is subsidiary of CLtd Like this continue till ZLtd Till till how much subsidiary will consider ALtd as deemed holding ?

latest answer

No such limit of layers of subsidiary specified in law

Sushmita Chowdhury

CA Inter

★ 715

1

20

Co give loan to buy its own sh cap

answered 15 hrs ago

restriction is to bcuy own Co share and holding Co sh ? Co can give loan to buy subsidiary Co share ?

latest answer

Why separately 25% mentioned here ? Pls give example of other security that can be buyback other than share ? Cause debenture we call redemption and not buy back ?

Sushmita Chowdhury

CA Inter

★ 715

7

48

Debt

answered 1 day ago

If person who want to qualify has auditor of company has holding Rs. 4 lakh and his partner also holding Rs. 3 lakh . Then he can qualify as auditor of that company?

latest answer

Yes

Shivashankar Jawai

CA Inter

★ 650

1

21

Sec 52 uses of security premium

answered 14 hrs ago

According to section 52 security premium can only be used for the purpose mentioned therein which does not includes working capital requirements but many companies uses the proceeds of issue of share including premium for their working capital requirements how company do this

latest answer

Yes mam got it , sec 52 is only for the case where security premium ac is debited

Atharv Sankliya

CA Inter

★ 3K+

9

51

Reduction of sh cap

answered on 23-Jul-24 14:10

Why MOA is altered if there is reduction of share capital Cause MOA only says about authorised sh cap i.e the Max limit..which is not reduced….only issued capital is reduced

latest answer

1) is solved

Sushmita Chowdhury

CA Inter

★ 715

2

32

bonus

answered on 23-Jul-24 15:48

bonus cant b issued to unpaid sh ? pls expl the meaning of this line

latest answer

If shares is partly paid then it must be first made fully paid, then only fully paid bonus share can be issued for it

Sushmita Chowdhury

CA Inter

★ 715

1

32

Sh cap n deb

answered 16 hrs ago

Alteration of sh capital at MOA OR or SR is req ?

latest answer

I forgot the same .. Thanks for rectification

Sushmita Chowdhury

CA Inter

★ 715

3

48