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Acceptance of Deposits
Corporate & Other Laws
answered on 16-May-22 23:44
On 30th june Paid up shares capital of â?¹65lac,Free Reseve -â?¹10lac,Share premium -â?¹20 lack,Deposits of â?¹25 lac,replayble in the current F.Y During in the month of Sept 2017.In July 2017 ,the company was in need of some short term funds to the tune of â?¹20lac-6Months.the max amt which the company may hold as deposit together with existing deposits will be---------??????? Can any one explain it ?????!!!!!!!
latest answer
Thankyou mam for ur quick response :)
Jayashree S
CA Inter
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Audit and Auditors
Corporate & Other Laws
answered on 16-May-22 19:59
Here prejudicial means favour or adverse ?
latest answer
Adverse
Balaji R
CA Final
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4
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GCA
Corporate & Other Laws
answered on 16-May-22 18:27
Can someone pls explain me the concept of repeal in brief
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Thanks:)
Be The Change
CA Inter
★ 11K+
4
515
Partnership Act
Corporate & Other Laws
answered on 16-May-22 17:59
Is section 19(2) are the exceptions where implied authority of partner doesn't bind the firm. Also explain this example 5
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Yes , Sec 19(2) clearly states that the "Implied authority of a partner DOS NOT EMPOWER HIM to ....." These are the exceptions and beyond the scope of the implied authority of the partners. Example 5 - Here X , without the authority has borrowed and executed a promissory note which does not bind the firm as it's not part of ordinary business to borrow and execute negotiable instruments. The partner can execute , but he is personally liable for it. This is for the ordinary business. But for the commercial business (or) special business the partner can borrow and execute the negotiable instrument on behalf of the firm which binds the firm. So the underlying concept is that the THE IMPLIED AUTHORITY OF THE PARTNER MAY DIFFER IN DIFFERENT KINDS OF BUSINESS. Hope I made some sense.
Sugam SM
CA Final
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What is the answer this question
Corporate & Other Laws
answered on 16-May-22 17:19
What is the answer this question
latest answer
Answer is given in Page No 11 and 12 - 4 (a)(ii)
nisam M
CA Final
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603
Smal company
Corporate & Other Laws
answered on 16-May-22 15:30
Are the answer given in study material correct?? For both sub questions..
latest answer
You're welcome
Shru Kanda
CA Inter
★ 610
12
463
Indemnity nd Guarantee
Corporate & Other Laws
answered on 16-May-22 20:36
Some cases it is said that Surety is not discharged since the variation was made Beneficial to surety and few cases it is said that Surety is not discharged even if it made Beneficial to Surety. How to distinguish btwn both? How to answer in the exam?
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Tnx for responding
Be The Change
CA Inter
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12
511
bailor and bailee
Corporate & Other Laws
answered on 16-May-22 15:18
in case the bailee mixes the bailor's goods with his own in such a way that it is impossible to segregate them, the bailee pays for the losses of the goods to the bailee. My question is whether the bailee compensates for the cost of the goods or selling price of the goods concerned?
latest answer
Cost of the goods
Vaibhav Gupta
CA Final
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3
434
Internal Reconstruction
Accountancy
answered on 16-May-22 14:04
Why is patents and copyrights not written off in this? Question no. 7 Study material. Should we write off only if mentioned in the question?
latest answer
Only goodwill will be written off if nothing is mentioned.
bharath M
CA Final
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CA FINAL MCQs pattern
Others
answered on 16-May-22 17:26
Hi, though I know that there would be case study based mcqs Would there be one liner mcqs also Because in the MCQ booklets there are no small mcqs I am worried about time mgmt.
latest answer
ICAI is increasing the standard of the MCQs , every attempt. They are becoming lengthy , yet easy because we have lot of information provided in the question itself. Patience is the key. Don't worry
THE GAMESMASHER 8242
CA Final
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