Answer Writing Practice - Day 12 - CS Executive Session 1

-
Today's questions ( company law)

Q1 A company has appointed it's independent director as an small shareholders director also. Some shareholders having less than 20,000 nominal value of shares objected that an independent director can't be a small shareholders director. Is their contention valid. Discuss

Team CS Aspirant

Comments

Post a Comment

Popular posts from this blog

WEIGHTAGE - CS EXECUTIVE Both Groups (Chapter Wise)By CS Aspirant

-
WEIGHTAGE - CS EXECUTIVE  Both Groups (Chapter Wise) By CS Aspirant Group 1 Company law   CHAPTERS PROBABLE MARKS  1 Directors [Section 149 – 205] 25 Marks  2 Share Capital [Section 23 to 70] 15 Marks  3 General Meetings [Section 96 to 122] 10 Marks  4 Accounts [Section 128 to138] Auditor [Section 139 to 148] 16 Marks  5 Dividend [Section 123 to 127] 6 Marks  6 Deposits, Debt Capital, Charges, CSR, Board Report and Disclosures, Company Secretary, Mega Firm,   Corporate Reorganization,   Introduction and other Miscellaneous chapters 30 Marks   Don’t leave any Chapter JIGL   1 Special Courts 5 Marks  2 Constitution 8 - 13 Marks  3 CPC 5 Marks   4 CRPC 5 Marks  5 IPC 8 Marks   6 Evidence 6 Marks   7 Stamp 6 Marks   8 Torts 5- 8 Marks   9 Interpretation 4 Marks   10 Limitation 4 Marks 11 Registration of Documents 5 Marks   12 I...
Read more

CS Executive Corporate and Management Accounting Notes (CMA Short Summary Notes)

-
CS Executive Corporate and Management Accounting Notes Introduction to Financial Accounting Accounting is the art of recording, classifying and summarizing transactions and events which are of a financial character in terms of money, and interpreting the results thereof. Three main branches of accounting are financial accounting, cost accounting and management accounting. Accounting functions are: keeping systematic records; protecting and controlling business properties; ascertaining the operational profit/loss; ascertaining the financial position of the business; and facilitating rational decision-making. Accounting is the language of business and is used to communicate financial and other information to different interested parties, like owners, manager, creditors, investors, researchers and government. Accounting information should be relevant, reliable, comparable, understandable, timely, neutral, verifiable and complete. Accounting can be based on cash or accrual sys...
Read more

Answer Writing Practice - DAY 11 - CS Executive Session 1

-
Image
Here today's questions SBEC (chapter 4-5) Q1 43% of the paid- up share capital of V4C Ltd. is held by the Central Government and 8%is held by Life Insurance Corporation of India and Unit Trust of India. Analyse the definition of ‘government company’ under the provisions of Companied Act, 2013 and decide whether the V4C Ltd. is a government company. Q2. Limited liability partnership is best suited form of entity for professionals. Elaborate. Q3. A shareholder who holds 99% of the share capital of a company can be held liable for the acts of the company. Comment. Ans 1 V4c can't be considered as govt co. Bcz govt's stake is less than 51% Ans 3 Separate legal entity concept. Team CS Aspirant
Read more