Forums
Private placement.
Corporate & Other Laws
answered on 21-Apr-22 10:30
Can someone explain me about the condition relating to the limitations for issuing securities... I'm confusing little bit with the numbers 50 & 200 in a financial year... Pls give simple example for understanding purpose.
latest answer
Section 42 clearly states "whose number shall not exceed fifty or such higher number as may be prescribed" leaving a scope of higher number can be given, but it cannot be less than 50 And in amendment to Rule 14 a higher number of 200 was prescribed.
Divya K
CA Inter
★ 885
5
588
OPC
Corporate & Other Laws
answered on 20-Apr-22 15:51
Can one person be a member of 1 OPC and at the same time be the nominee of another OPC?
latest answer
Thank you
Nikhil Vasanth
CA Final
★ 4K+
4
490
Company Law
Corporate & Other Laws
answered on 20-Apr-22 19:29
Can anyone explain section 3A?
latest answer
Thank you
Nikhil Vasanth
CA Final
★ 4K+
8
471
Doubt
Accountancy
answered on 20-Apr-22 18:19
What is the recoverable amount mentioned in this question and how to treat in recognising intangible asset..?
latest answer
Ok sir ..thank u
Sri kanaga Varshini
CA Final
★ 3K+
2
470
Private placement sec42
Corporate & Other Laws
answered on 20-Apr-22 10:39
In this answer, ICAI mentioned/references with sec180.... Can we consider it as final syllabus and leave that particular point as of now.... !??
latest answer
You can just refer to non applicability of non-convertible debentures within limits specified. Need not mention section 180 & 179
Divya K
CA Inter
★ 885
4
410
Audit of items of financial statement
Auditing
answered on 20-Apr-22 10:15
Study material page number 9.15 What is meant by ultimate beneficiaries and intermediatery
latest answer
Amendments in Audit Report Rules and Accounts Rules require the following new disclosures regarding camouflaged lending or investment, that is, where out-bound or inbound loans, advances and investments are intended to be routed through an entity (who works as a channel/ conduit), masking the identity of the ultimate beneficiary. These transactions are undertaken by a company for some identified beneficiary. They do not take place between the company and the ultimate beneficiary directly, but is masked by the inclusion of an intermediary acting as a conduit entity (an entity acting on the instructions of the company for channelizing the funds to any other entity identified by the company).
gomathi jeeva
CA Final
★ 4K+
2
548
Sec. 36
Corporate & Other Laws
answered on 20-Apr-22 10:23
Pls explain point (b).... From the yield of securities...
latest answer
Yield includes the interest earned or dividends received from holding a particular security.
Divya K
CA Inter
★ 885
1
419
Capital gains deposit scheme
Direct Taxation
answered on 21-Apr-22 09:31
What is the time limit for a deposit, is it the due date of return of income or the date of return filing, and in which year, in the year of transfer or within the period of reinvestment allowed
latest answer
Thanks for sharing
mani charan
CA Final
★ 3K+
11
890
Sec 27. Variations in prospectus.
Corporate & Other Laws
answered on 20-Apr-22 10:51
As per subrule 2 of rule 7 , Advertisement to be in specified form called PAS-1.... I'm not understanding the point.. What is advertisement in a FORM Means... Is it that which will be given in a newspapers in some format..??? So we call that format as form PAS-1 ...? or something other than this...?
latest answer
Its a prescribed format - form Check https://www.mca.gov.in/content/mca/global/en/acts-rules/ebooks/forms.html#
Divya K
CA Inter
★ 885
2
482
Important Topics
Auditing
answered on 20-Apr-22 15:35
Can anyone anyone me a few important chapters I should focus on to pass as I have insufficient time..?
latest answer
Thank you
Nikhil Vasanth
CA Final
★ 4K+
5
475