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Modification of charge

Corporate & Other Laws

answered on 07-Jul-21 21:21

Point 3. What does it mean? Any example?

latest answer

Ceding means to give / surrender. Pari-passu means equal fotting. Say SBI and HDFC has given working capital loan to PQR Ltd. & has equal charge on stock & other current assets. Now, PQR Ltd. approaches PNB for another working capital loan. PNB wants first charge on stock & other current assets & doesn't want to share it with SBI and HDFC. If SBI and HDFC cede it, it will be modification

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

537

Buyback Sec 68

Corporate & Other Laws

answered on 07-Jul-21 21:10

In buyback we have limits know sir like board resolution is sufficient in case of 10 percent of PSC + Free reserves . Does security premium include in free reserves ?

latest answer

Yes. The explanation to section mentions: For the purposes of this section, Free reserves includes securities premium account

M Naresh

M Naresh

CA Final

3K+

1

550

Capital gains

Direct Taxation

answered on 07-Jul-21 21:25

Couldn't understand the answer in relation to the que

latest answer

Oh thank you.!misread it

Mala Ca

Mala Ca

CA Final

23K+

2

556

Exemption

Indirect Taxation

answered on 08-Jul-21 12:59

Sir in exemptions discount earned on discounting of bills of exchange is taxable but here they said exempt?

latest answer

Thank u so much sir

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

4

607

AUDIT AND AUDITORS

Corporate & Other Laws

answered on 07-Jul-21 19:56

Is CARO applicable in AUDIT AND AUDITORS chapter

latest answer

Currently CARO 2016 is

Sairam Reddy

Sairam Reddy

CA Final

10K+

1

645

Amendments

Corporate & Other Laws

answered on 07-Jul-21 19:40

Can anybody say the areas where are amendments applicable for tomorrow exam

latest answer

Ok

Surya Prakash

Surya Prakash

CA Final

19K+

2

598

Exemptions

Indirect Taxation

answered on 07-Jul-21 20:07

Sir can anyone plz give the examples for agency services provided by post office?

latest answer

Haa ok thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

2

763

Measures of central tendency

Maths & Stats

answered on 19-Jul-21 14:06

Sir can you please explain the following terms and how mean, median and mode gets affected in each distribution? There are some questions based on these terms in additional bank. The terms are: Symmetrical distribution Moderately asymmetric distribution Probable error of standard deviation

latest answer

Thank you sir

Priyanka K

Priyanka K

CA Final

36K+

6

815

Permutations & Combinations

Maths & Stats

answered on 09-Jul-21 13:04

can anyone help me with this question with the working?

latest answer

Thank you sir!!

Priyanka K

Priyanka K

CA Final

36K+

2

613

Mcq

Corporate & Other Laws

answered on 07-Jul-21 17:37

Ans for 89 th ques

latest answer

D) it must contain an unconditional undertaking

Sathiya Bama

Sathiya Bama

CA Final

24K+

1

474