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Doctrine of Privity of Contract - exceptions

Corporate & Other Laws

answered on 23-Apr-21 16:37

while explaining the estoppel by acknowledgement of liabilty mam said when P admits that he is liable to pay N, from that moment N gets the right to sue P for not giving him the money. does that mean if N has evidence showing that M asked P to give him the money and still P refuses to admit that to N, he cant sue P.

latest answer

Yes, N can't sue P in that case as N is stranger to contract. M definitely can sue P

Aswin Chandar

Aswin Chandar

CA Final

40K+

2

874

Liquidation

Accountancy

answered on 24-Apr-21 11:35

Anyone's expalin how to do list H and is it important to open list H ?? I cannot understand list H format. Plz detailed explained for me

latest answer

In short, From the profit we add back items contributing to deficiency and reduce items contributing reducing deficiency.

Sathiya Bama

Sathiya Bama

CA Final

24K+

1

606

Short cut

Accountancy

answered on 24-Apr-21 10:09

Can I get some trick or short cut to learn the addition and deductions of items for computing profit for managerial remuneration

latest answer

Thank you sir , thank you so much .

Susai Yappan

Susai Yappan

CA Inter

12K+

2

560

Doubt

Accountancy

answered on 23-Apr-21 14:20

Financial statement chapter . Illustration.2. . Please explain the below lines .

latest answer

Ok thank you sir for your explanation. Thank you

Susai Yappan

Susai Yappan

CA Inter

12K+

2

692

Doubt regarding Exam formalities

Exams

answered on 23-Apr-21 12:11

Is it required to send our exam registration form signed by a CA or any Gazetted officer be sent to ICAI for May 2021 attempt? { 'Cause last time (Nov 2020) it was not required due to Covid situation} If yes, can you please give the address of ICAI Head office.

latest answer

Thank you,for your reply..

Sreelal Sreenivasan

Sreelal Sreenivasan

CA Inter

0

2

606

Change Name

Corporate & Other Laws

answered on 23-Apr-21 09:26

Can Change the name of the company after incorporation?

latest answer

Okei..Thanks

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

2

702

Factor multiplying ratio

Maths & Stats

answered on 23-Apr-21 13:34

Sir in module you gave an example of 3/4, 5/6 . we took LCM(4,6) and made the fractions 9/12 and 10/12 . In this what is the factor multiplying ratio? Pls help me sir...Thanks in advance!!

latest answer

Thanks you!!

Priyanka K

Priyanka K

CA Final

36K+

2

1K+

Capital gain

Direct Taxation

answered on 23-Apr-21 07:48

Can u explain the concept of fmv

latest answer

If capital asset is land and building, we have to take FMV on 1st April 2001. This value must not exceed stamp value on that date. If capital asset is share or unit which is trading in recognised stock exchange, it's FMV will be highest transacted price on 31st Jan 2018 in that stock exchange. If it is not trading in stock exchange, then net asset value of that share.

Kanaga Mani

Kanaga Mani

CA Inter

3K+

1

609

Foundation registration form

Others

answered on 23-Apr-21 10:11

Is office seal necessary in the submission of registration form as there are many people telling its not needed as because of covid. Could you please confirm?

latest answer

Ok Sir

Amal Antony

Amal Antony

CA Inter

3K+

6

538

Return of Application money

Corporate & Other Laws

answered on 22-Apr-21 19:03

Sir the ICAI material have stated that the 15% interest must be paid from the closure of issue that means from the expiry of 30 days (ie 31st Jan in the example)

latest answer

Okay, nice.

TarunGopi Katragadda

TarunGopi Katragadda

CA Inter

135

2

838