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Banking companies

Accountancy

answered on 24-Aug-20 23:41

Schedule 9 Advances While calculating advances in case government gurantees we considered secured portion But in case of cash credit we considered only unsecured portion Why?

latest answer

In the total advances of 2150, 20% of a certain amount (cash credit) is to be provided for 100% as it is unsecured. 60% of term loan has guarantee and the balance is secured by tangible assets.(This is the balancing figure)

Gomathi K

Gomathi K

CA Final

40K+

2

722

Common

Costing

answered on 21-Aug-20 19:33

Are the module sums and concepts enough to cover the entire syllabus?... Does it cover the material exhaustively?... Very concerned because I am thorough with whatever has been taught in the modules whilst taking notes, that I don't have time to go through the icai material. Please reply

latest answer

You should read the notes of Indigo learn and RTP and mtp of previous attempts no need to study icai material ,Indigo notes covers all aspects of icai material

Shivasubbramaniam Arumugam

Shivasubbramaniam Arumugam

CA Final

5K+

1

770

Negotiable instruments

Corporate & Other Laws

answered on 22-Aug-20 10:54

In video no 23 in the example the endorsement is forged rite. So doesn't that make the instrument to become a nullity. So making that endorsement invalid. Then how can Mr. Y become holder in due course? As the law states holder in due course receives no title when there is enitr absence of title as in case of forgery

latest answer

K thax

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

655

Regarding Signature on Application Forms

Others

answered on 21-Aug-20 11:21

My declaration certificate was signed by a CA but due to pandemic, He is not able to sign my application which is to be send to ICAI Bhawan.Can I get signature from another CA.Please reply as soon as possible.

latest answer

Thank you so much

Swetha S

Swetha S

CA Inter

15K+

2

659

NPO

Corporate & Other Laws

answered on 21-Aug-20 14:21

NPO being an artificial person Can, t contravenes any of its condition . Corporate veil also tells us Company is not liable for any wrong act . Tell Me . In npo if conditions is contraviened .1. WHAT LEGAL PROVISION LAW HAS PROVIDED . 2. Why is company, s license revoked because act has been carried by member . .?

latest answer

Doctrine of Corporate veils states that company will be held liable as a whole and not it's members. However, in case of fraud, government can Pierce the corporate veils and punish the people behind the fraud. That's why, generally, unless any fraud is proved, if license conditions are not satisfied by a section 8 company or it's members/directors, the company shall be wound up/amalgamated & licence will be cancelled.

Zeeyan KOKA

Zeeyan KOKA

CA Foundation

3K+

1

656

St

Maths & Stats

answered on 21-Aug-20 09:13

Sir kya app iit jam pdhate h

latest answer

Regret no

Shalini Tiwari

Shalini Tiwari

CMA Final

0

1

688

Exam

Exams

answered on 25-Sep-20 14:17

Should I send courier to Delhi even if I got my photo and signature updated ??

latest answer

Not necessary for this set of exams due to pandemic.

Pooja .

Pooja .

CA Final

210

2

747

Attempt for final

Others

answered on 21-Aug-20 06:12

Can any one please tell how to calculate the attempt for ca final based on articles period. Please explain by example

latest answer

You can write CA Final exams in last 6 months of your articleship. You can use our leave tracker application to compute eligibility.

Logesh Sampathkumar

Logesh Sampathkumar

CA Inter

0

1

623

As 22

Accountancy

answered on 20-Aug-20 21:09

Explain illustration 6 sum

latest answer

Now i understood that sum sir

K Ashwathy

K Ashwathy

CA Inter

170

2

818

Topics having highest wattage

Accountancy

answered on 20-Aug-20 20:23

I wanted to know which topics for accountancy have highest wattage in ca foundation . I am appearing for ca foundation in Nov this year and I have only 2 months to prepare .

latest answer

Thank you Gratitude

Parikshit Rathod

Parikshit Rathod

CA Foundation

710

2

767