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Date of Offer for a Rights Issue
Corporate & Other Laws
answered on 26-Sep-24 19:13
As per Companies Act, Rights Issue is deemed to be declined if it is not accepted within a period not exceeding 30 days, and not less than 7 days, from Date of Offer Further, Notice of the Offer shall be made at least 3 days before opening of Issue Here, what exactly is the Date of Offer? Is it date of opening of issue, date of dispatch of notice, or something else?
latest answer
Ok ma'am, thank you so much!
Vishnu Muraleedharan
CA Final
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2
567
ANNUALISED YIELD
AFM
answered on 25-Sep-24 19:45
Sir in this sum, on 31.03.2018 annualised yield is mentioned as 73.52%. Does this 73.52% is the annualised yield for the period of 01.04.2017 to 31.03.2018 or it means from the date of purchase i.e. from 01.07.2015 to 31.03.2018?
latest answer
It says clearly over 30 odd months So the yield is for this entire period @73.52% per annum
Mohanbabu N
CA Final
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1
281
general clauses act
Corporate & Other Laws
answered on 26-Sep-24 16:16
what is the difference between rules and regulations in context of the general clauses act 1897
latest answer
Rules cover procedural aspect related to Act. The power to make rules is given in the section of the Act to an authority like central government. Eg: Companies (Share capital & debenture) Rules, 2014 Regulations are much wider in context as compared to rules. They cover Law and procedural aspect in a certain regard. Eg: SEBI Regulations.
Niveta Rajkumar
CA Inter
★ 6K+
1
566
examination
Corporate & Other Laws
answered on 26-Sep-24 16:07
Should we write case laws also when we are presenting our answers?Is it mandatory?or is it okay if we write only the interpretations from the case laws
latest answer
Usually for General Clause Act and interpretation of statutes chapter, writing case law name can get you half or one extra mark. But only if it is accurate. Try to focus on the judgement given in case and write that accurately. Give case law names only when you are 100% sure.
Niveta Rajkumar
CA Inter
★ 6K+
1
566
Industrial Training
Others
answered on 26-Sep-24 17:18
Is any consent letter from HR required for termination of articleship for joining CA Industrial training, for those who registered under the New Scheme?
latest answer
PLs call ICAI Helpdesk they will definitely guide you
Angel Maria Varghese
CA Final
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2
473
Regarding Jan 2024
Exams
answered on 25-Sep-24 14:12
Hai, I wish to appear in Jan 2025 CA Inter exam, But i failed to apply for it.Now when i search in ssp portal for applying iam not able to apply for it.Is there any other way
latest answer
Thank you
yuva sree
CA Inter
★ 250
4
538
Icai mat
Direct Taxation
answered on 25-Sep-24 13:27
Income tax 2025 only part 1 is given Capital gain other sources not For other subject full is given
latest answer
It will take time since Finance ACt 2024 is to be updated.
Sushmita Chowdhury
CA Inter
★ 2K+
1
529
Retailer M enters into a five year lease for a building floor, followed by two successive five year renewal options.
Financial Reporting
answered on 25-Sep-24 12:02
as renewal option is of five years ,can the lessee extend the lease term for only 2 years?
latest answer
extension term can be renegotiated.
Mohammed Sarfaraz
CA Final
★ 720
1
474
Debenture Redemption Fund - Amount calculation
Corporate & Other Laws
answered on 25-Sep-24 15:11
I understand that 15% of "amount of Debentures maturing during the year ending on 31st day of March of next year" is the amount required to be in the DRF. Does this mean that the last date of the period to be considered is the end of the next financial year? Or just the 31st March of the next calendar year?
latest answer
DRI is created on 30th April shall not be less than 15% of Debentures maturing on 31st March of NEXT FY. At any point such DRI should not be 15% of Debentures maturing on 31st March of Current FY.
Vishnu Muraleedharan
CA Final
★ 32K+
1
575
Rcm
Indirect Taxation
answered on 04-Oct-24 19:22
In the topic of tcm In restaurant services tcs will not collected by e commerce operator why?
latest answer
Since ECO is liable to pay GST, restaurant does not collect TCS.
Saniya Balekai
CA Inter
★ 285
4
465