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Rtpmay20

Corporate & Other Laws

answered on 14-Nov-20 10:20

Sir, in this question of rtp may20 , the loss for the year is 40 lakhs and in (iii) of the rule 3 says the amount of the losses should be set off rite . Therefore out 2 crore withdrawn 4o lakhs is set off and balance only 1.6 crore is there to pay dividend . But the company proposes only 2 crore,so therefore (iii) is not satisfied rite . That means company cannot declare 2 crore as dividend rite ? Plzz can u check this ?

latest answer

Thax sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

10

736

Clause of (xiii) of Para 3 of CARO, 2016

Auditing

answered on 14-Nov-20 05:03

It states that auditor shall report "whether all transactions with the related parties are in compliance with sections 177 and 188 of Companies Act 2013" Sir, my question is what relation does Related party have to do with "Audit Committee" sec 177?

latest answer

Thanking you

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

5

632

request to free videos last date extension

Accountancy

answered on 13-Nov-20 16:02

there is no question just suggestion or request to extent free videos time from 15 november to 18 nov it will help me lot

latest answer

Regret that will not be possible.

Gaurav Rathod

Gaurav Rathod

CA Foundation

0

3

634

As-10

Accountancy

answered on 16-Nov-20 10:07

In illustration 7 I understood that if the transaction lacks commercial substance its measured at BOOK VALUE of assets given up. But what makes us deduct the cash recieved was by doubt.

latest answer

Yes.

Kaveesh Sethi

Kaveesh Sethi

CA Inter

2K+

3

673

UTGST or SGST

Indirect Taxation

answered on 13-Nov-20 09:00

Now the state of Jammu & Kashmir is Union territory of Jammu and Kashmir; and Union Territory of Ladakh - Will intra state transaction be regulated by UTGST Act Or SGST Act?

latest answer

UT

Other Purposes

Other Purposes

CA Final

0

1

736

Please add custom play back speed

Others

answered on 13-Nov-20 05:39

Hi sir I have a request, Please add custom play back speed on videos. In financial management course seems little fast for me and iam not abled to understand fully. I tried it putting in. 75x but seems very slow. You know right each persons understanding ability is different. So if you add that feature it will be helpfull for many people. I understand sathya raghu sir class very well because sir is explaining it very slow. Many apps have custom play back option, please do implement that also. Waiting for your reply Thanks

latest answer

We have informed you multiple times that right now it is difficult to add. It is part of development pipeline and will be done at some point but not now.

NICHU k

NICHU k

CA Inter

5K+

1

622

Standard

Accountancy

answered on 13-Nov-20 10:53

Sir plse provide separate module fr advance accounting standard to purchase (not individual module)

latest answer

Its not available till exams.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

3

584

Incorporation of company

Corporate & Other Laws

answered on 13-Nov-20 09:02

1.Name change of co. is not allowed if the co has failed to repay matured deposits, debentures right. Why oly matured? 2.change of registered office frm one state to another oly will lead to alterations of MOA right? 3. What do u mean by the sentence MATTERS AS TO WHICH THE MEMORANDUM IS SILENT CAN BE DEALT WITH BY THE ALTERATION OF ARTICLE..? 4. Fresh certificate of incorporation is given oly when there is change in name & domicile clause only right sir?

latest answer

1. Matured are due for payment. 2. Yes 3. If MOA doesn't specify certain aspects, the same may be done by altering AOA. 4. Yes.

Shruthi V

Shruthi V

CA Inter

0

1

682

Doubt

Corporate & Other Laws

answered on 13-Nov-20 09:03

What do u Mean by co limited by guarantee with no share capital

latest answer

The company does not have share capital. In the event of winding up, members will bring up the amount guaranteed.

Shruthi V

Shruthi V

CA Inter

0

1

643

Commencement of business

Corporate & Other Laws

answered on 13-Nov-20 09:10

1.Declaration by director and 180 days is oly fr clause a or both a & b. 2. Third point mentions no declaration within 180 days filed then they'll initiate action fr removal of the name? What if verification of registered office is not submitted. 3. What do u mean by removal of name of co from ROC. How is it different frm winding up of company.

latest answer

1. 180 days is only for a. 2. Verification of registered office is covered u/s 12 3. Removal of name means the company's name would not appear in register of companies. This will eventually lead to winding up of company

Shruthi V

Shruthi V

CA Inter

0

1

647