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Section 177 constitution of audit committee
Auditing
Section 177 mein borrowing ke liye Jo limit prescribed ki gai Hain wo 50 cr or more Hain ya only exceeding 50 cr Because in module it is showing exceeding 50 cr or more. What the means of this sentence?
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Thread Starter
Suresh KaraBut sir module mein bhi do tarike se Diya Hain > 50 cr And text mein exceeding 50 cr or more So it is confusing and Mene jahase class kiyatha Nov 19 mein waha ke sir ne bhi sirf > 50 cr hi bola tha isliye
It is exceeding Rs.50 crore i.e. more than Rs.50 crores. In module the necessary correction is made. Paid up capital and turnover are figures with greater than or equal to but outstanding loans, deb n deposits is more than Rs.50 crores
The rule states (i) paid up share capital of ten crore rupees or more; or (ii) turnover of one hundred crore rupees or more; or (iii)outstanding loans, debentures and deposits (in aggregate), exceeding fifty crore rupees So it is Rs.50 Cr. or more. The module has been appropriately corrected. Thank you for pointing out.
Sudha Reddy
The rule states (i) paid up share capital of ten crore rupees or more; or (ii) turnover of one hundred crore rupees or more; or (iii)outstanding loans, debentures and deposits (in aggregate), exceeding fifty crore rupees So it is Rs.50 Cr. or more. The module has been appropriately corrected. Thank you for pointing out.
Sorry, it is more than Rs.50 cr not Rs.50 cr more.
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