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Question (a) Vir is a director in DJA Ltd. (the company). The company holds 75% shares of MRN Ltd. Vir wants to inspect the books of MRN Ltd. Examining the provisions of the Companies Act, 2013 advise whether Vir, the director of DJA Ltd. can be allowed to inspect the books of MRN Ltd.
Question (b) Explain the provisions of the Companies Act, 2013 relating to 'secretarial audit'. State whether 'secretarial audit' is mandatory for all companies.
Question (c) PQR Ltd. is an unlisted company and has 400 shareholders in all. The shareholders of the company propose voting by electronic mode. Chairman of the company rejected the shareholders' proposal. Explaining the provisions of the Companies Act, 2013, examine the validity of rejection of the shareholders' proposal by the Chairman.
How to calculate the annual sustainable growth rate for each of the years in the table. what is the growth problems that management can face
Group technology requires that. What is an economic model?
ACC80005: Financial Accounting Theory - What is integrated reporting and how integrated reporting can rectify the limitations of traditional corporate reporting
The partnership paid $3,000 in interest that was the amount owed for the year and paid $8,000 for a two-year insurance policy on the first day of business. Compute net income for the first year for Tri Fecta.
Calculate the cost of debt. (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
you are able to obtain 40% of the face value of the bond but no year 4 coupon. What is your 4-year holding period return from this investment?
Lincoln Corporation produces and sells two produtcs : Standard and Deluxe. The info on the two products sold for the last month is given below. The common fixed cost is $15,000.
Find interest payment on july 2020(after the first 6 months). $600,000 bond that last 10 years, 7% , market rate of 6%, and paid twice a year.
John has a 20% stake in the Partnership and receives no distributions from the partnership during the year. He has a $55,000 basis in her partnership interest at the end of the year after all income/loss items have been passed through to her. W..
Dividend allocation between classes of shareholders LO C2 Stockholders’ equity of Ernst Company consists of 80,000 shares of $5 par value, 8% cumulative preferred stock and 250,000 shares of $1 par value common stock. Both classes of stock have been ..
decision based on sell or process further of a product.missou mining company mines an iron ore called alpha. during the
Journalize the January transactions and Journalize the adjusting entry at January 31 for the outstanding note payable. (Hint: Use one-third of a month
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