powered by logo

Forums

MCQ

Auditing

answered on 13-Apr-23 22:40

Can anyone give me the answer and explain the reason for the same. The answer is given as (a)

latest answer

Thank you mam

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

2

450

General clauses act

Corporate & Other Laws

answered on 17-Apr-23 12:12

It's ans should be (a). ...right

latest answer

The answer is not straight forward and will depend from case to case. For exam purposes, mention it as from the date it receives the assent of the president.

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

499

CD and BD carried down or brought down doubt help me

Accountancy

answered on 12-Apr-23 19:54

Dear friends , while preparing ledger account we are using To balance b/d By balance c/d Which means brought down and carried down Actually it means what??? Plse explain And how can I found...some ledger ac b/ d will in debit side sometimes it will in credit side Why it changings??? Explain me

latest answer

Now I understand friend ...thanks

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

5

6K+

Companies act,2013

Corporate & Other Laws

answered on 12-Apr-23 06:34

B will succed or not ?

latest answer

The doctrine of Indoor Management is laid down in the Royal British Bank vs. Turquand (1956) 6E&B 327 case in which the directors of RBB (Royal British Bank) gave a bond to one T (Turquand) without the required resolution being passed. The Articles empowered the directors to issue such bonds under the authority of a proper resolution. In fact no such resolution was passed. It was decided in the case that notwithstanding the non passing of the required resolution, T could sue on the bonds on the ground that he was entitled to assume that the resolution had been duly passed. Thus, the persons dealing with the company are entitled to assume that the acts of the directors or the officers of the company are validly performed, if they are within the scope of their apparent authority. However, this doctrine is not applicable where the person dealing with the company has notice of irregularity or when an instrument purporting to be enacted on behalf of the company is a forgery. In the instant problem, the doctrine of indoor management will not apply as the certificate is a forgery which does not give a good title to A and thereby to B. Hence, B will not succeed in getting the share registered in his name.

Sneha Kasturi

Sneha Kasturi

CA Inter

4K+

3

537

Memorandum of association

Corporate & Other Laws

answered on 17-Apr-23 15:16

In example no 7. In this case will the directors of the company will be punished for doing something in name of company which co.has no power to do that.

latest answer

Thankyou mam

Geeta B

Geeta B

CA Inter

6K+

2

401

Bank audit

Auditing

answered on 12-Apr-23 09:09

What is a Take out loan? Is this renewing an old loan with interest into a new loan thing?

latest answer

So they're explaining in that para that if old loans classified as NPA are renewed ,interest on such new loan also shall only be recorded on receipt basis?

Abishek M

Abishek M

CA Final

11K+

2

536

Eis sm paper

Information Systems

answered on 13-Apr-23 15:32

Any add on tips helping in passing this paper? Is it necessary to cover module for eis or any summary notes enough

latest answer

Ok thank u

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

3

433

Indian Contract Act

Corporate & Other Laws

answered on 13-Apr-23 09:51

Can any one expain the meaning of question?

latest answer

It is there in RTP Nov 21.

Sneha Kasturi

Sneha Kasturi

CA Inter

4K+

7

516

CA foundation Law marks per question

Exams

answered on 11-Apr-23 22:13

In Law will we get long questions carrying 4-5 marks only Or The questions can be of more than that like 7-8 marks ?

latest answer

Ok Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

2

578

Avg score in MCQs

Others

answered on 11-Apr-23 19:28

Is it avarage of other participants?

latest answer

Yes

Madhu Reddy

Madhu Reddy

CA Inter

4K+

1

419