Rights issue sec62

answered on 22-Apr-22 15:00

Is there anything like... If & only there's authorization in articles about the Issued right share..can have renouncing right to that... Or even didn't mention in articles..,can have renouncing right.. To the issued existing shareholders...?

latest answer

Thank you mam

Divya K

CA Inter

★ 885

4

175

Standerd costing

answered on 25-Apr-22 11:33

Pls explain this sum I didn't understand why he took those highlighted parts

latest answer

Purchase price actual A-3400/800 = 4.25 & B - 3000/1200 = 2.5 Consumed = Opening + Purchased - Closing A = 800+35-5=830 out of this 35 are opening stock @ 4 and remaining 795 are purchases @ 4.25 B= 1200+40-50=1190 out of this 40 are openign stock @ 3 and remaning 1190 are purchases @ 2.5

Pandu Sml

CA Inter

★ 4K+

5

223

Reasonable opportunity of being heard?

answered on 22-Apr-22 10:35

It means that court gives a chance to listen what has decided or chance to talk against what court decided..can anyone explain this??

latest answer

Reasonable Opportunity of Being Heard In Khem Chand v Union of India the Supreme Court held that the 'reasonable opportunity' means:- (a) An opportunity to deny his guilt and establish his innocence, which he can do only if he is told what the charges leveled against him are and the allegations on which such charges as based.

vasabattula abhinav

CA Final

★ 85

3

475

Partnership

answered on 22-Apr-22 16:01

What will be the answer to this question?

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Thank You, sir!

Jitendra Kumar

CA Inter

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3

231

Name clause alteration Sec 13

answered on 21-Apr-22 13:29

While altering name clause first reservation of name will be done in e form RUN and -> then special resolution will be passed with CG approval and -> MGT14 30 Days... is this the correct sequence?? And also when the company is ordered to change name within 3 months by passing OR should the company again apply for reservation of name??

latest answer

1.board resolution 2.RUN 3.Spl resolution 4.cg approval Yes it should again apply the same .

Nikhil Vasanth

CA Inter

★ 4K+

1

151

MCQ

answered on 22-Apr-22 19:52

Net assets and capital mean the same right. Here, in this MCQ below, option c could also be correct. Right?

latest answer

There is no standard definition of some financial ratios. If you consider net assets as total assets - outside liabilities, then net assets = capital.

Sibi Srinivasan

CA Inter

★ 22K+

2

163

Depository

answered on 21-Apr-22 11:41

Who are depository participants...?

latest answer

Who hold account with depositories. E.g HDFC securities

Divya K

CA Inter

★ 885

1

140

LAW - Incorporation

answered on 22-Apr-22 12:30

What is the difference between point iii and iv

latest answer

Ok thank you mam

Nikhil Vasanth

CA Inter

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5

173

Insurance Claims

answered on 21-Apr-22 11:17

Good Morning Sir/Madam , In the "Accounting - CA INTERMEDIATE Group 1( Without AS ) - Chapter 9. Insurance Claims - Module No. 5 named "Illustration 4" , In the question it is mentioned that "Cost of salvaged being Rs11,200...." , From What I understood , "Cost of salvaged" means it doesn't include the profit portion . While the "Stock on the date of fire" includes the profit portion. So shouldn't we reduce the profit portion from the stock on date of fire , before reducing the salvaged value to compute the "Loss of stock due to fire ? (or) The "Cost of salvaged Rs11,200" simply means the amount Realized from the Disposal of the damaged goods ? Kindly Clarify.

latest answer

Thank you Sir

Avasarala Vivek Aditya

CA Inter

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2

157

Preference shares. (55)

answered on 22-Apr-22 11:06

pls elaborate the paragraph (vii) , every line seems to be same...!!! Give me clear explanation in few words

latest answer

Premium for redemption of PSC for companies for whom AS compulsory u/s 133 - Securities premium cannot be used and only general reserve and P&L balance can be used for CRR Premium for redemption of PSC which are issued on before Companies Act 2013 - Securities premium can be used along with general reserve and P&L balance

Divya K

CA Inter

★ 885

1

227