What do you mean by Forfeiture of shares?

What do you mean by Forfeiture of shares?
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What do you mean by Forfeiture of shares?
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Cancelation of shares mean A. Reissue of shares B. Valuation of shares C. Forfeiture of shares D. Allotment of shares

Description : Cancelation of shares mean A. Reissue of shares B. Valuation of shares C. Forfeiture of shares D. Allotment of shares

Last Answer : C. Forfeiture of shares

XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay any call money and his shares were forfeited. What is the amount to be credited to Share Forfeiture Account on forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000

Description : XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay ... forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000

Last Answer : Answer: Rs. 10,000

How do you feel about asset forfeiture laws?

Description : How do you feel about asset forfeiture laws?

Last Answer : I think it's urgent that the ACLU grab one of these cases, and begins marching toward the Supreme Court, because the mass preponderance of those who have their possessions confiscated lack the means to ... or even tried must not be allowed. Otherwise, only those of us who own nothing are immune.

Forfeiture at the base

Description : Is one five enough for ordination?

Last Answer : Yes, that's enough.

When martial law is imposed, Parliament cannot make law ill respect of which one of following matters? (1) indemnify any person in respect of any act done by him in connection with the maintenance of order in the area where martial law was in force (2) Parliament can by law validate any sentence passed when martial law was in force in the area (3) A law of Parliament can validate forfeiture ordered when martial law was in force in the area (4) Any act done under martial law can be validated by Parliament by law

Description : When martial law is imposed, Parliament cannot make law ill respect of which one of following matters? (1) indemnify any person in respect of any act done by him in connection with the maintenance of order ... force in the area (4) Any act done under martial law can be validated by Parliament by law

Last Answer : (4) Any act done under martial law can be validated by Parliament by law Explanation: Any act done under martial law cannot be validated by parliament by law.

Which of the following punishment cannot be awarded under IPC? a) Forfeiture of property b) Rigorous imprisonment c) Transportation for life d) Death

Description : Which of the following punishment cannot be awarded under IPC? a) Forfeiture of property b) Rigorous imprisonment c) Transportation for life d) Death

Last Answer : c) Transportation for life

Transportation for life, be construed as a reference to a) Death b) Forfeiture of property c) Imprisonment for life d) None of these

Description : Transportation for life, be construed as a reference to  a) Death b) Forfeiture of property c) Imprisonment for life d) None of these 

Last Answer : c) Imprisonment for life

The punishments to which offenders are liable under the provisions of this code are a) Death and Imprisonment for life b) Imprisonment rigorous and simple c) Forfeiture of property and fine d) All the above

Description : The punishments to which offenders are liable under the provisions of this code  are a) Death and Imprisonment for life b) Imprisonment rigorous and simple c) Forfeiture of property and fine d) All the above

Last Answer : d) All the above

Premature encashment of NSC (VIII) will be made a) In case of death of the holder or any of the holder in case of joint account b) On forfeiture by pledgee being Gazetted Government Officer. c) When ordered by a court of law d) Both A, B and C

Description : Premature encashment of NSC (VIII) will be made a) In case of death of the holder or any of the holder in case of joint account b) On forfeiture by pledgee being Gazetted Government Officer. c) When ordered by a court of law d) Both A, B and C

Last Answer : d) Both A, B and C

The IPO presented after the expiry period of currency, but before the time for forfeiture a) Cannot be paid b) Can be paid on authority from the audit c) Can be paid on payment of second commission by means of postage stamps d) None of these

Description : The IPO presented after the expiry period of currency, but before the time for forfeiture a) Cannot be paid b) Can be paid on authority from the audit c) Can be paid on payment of second commission by means of postage stamps d) None of these

Last Answer : c) Can be paid on payment of second commission by means of postage stamps

The security furnished by an official will be liable to forfeiture when a) An employee quitting the service without properly accounting for all money b) store and valuables in his custodyc) An employee quitting the service without permission d) An employee quitting the service without giving at least three month’s noticee) All the above Ans:d(258)10. When the whole or th,

Description : The security furnished by an official will be liable to forfeiture when a) An employee quitting the service without properly accounting for all money, b) store and valuables in his custody c) An employee quitting the ... least three month's notice e) All the above Ans:d(258) 10. When the whole or th

Last Answer : d) An employee quitting the service without giving at least three month’s notice

The security furnished by an official will be liable to forfeiture by a) Director General b) Head of the circle c) Any officer authorized by DG Post d) Both the A & C

Description : The security furnished by an official will be liable to forfeiture by a) Director General b) Head of the circle c) Any officer authorized by DG Post d) Both the A & C

Last Answer : d) Both the A & C

Explain the effect of following physical hazard parameters on renewal of comprehensive insurance policyi. Age of driver ii. Power and capacity of vehicle iii. Load used iv. Forfeiture of custom duty

Description : Explain the effect of following physical hazard parameters on renewal of comprehensive insurance policyi. Age of driver ii. Power and capacity of vehicle iii. Load used iv. Forfeiture of custom duty

Last Answer : i. Age of driver: If age of driver is more (say more than 65 years then there is more chances of accident than young driver which increases physical hazard.  ii. Power and capacity ... the vehicle it creates physical hazard & chances of accident increases then premium amount also will get increase.

What do you mean by Qualification shares?

Description : What do you mean by Qualification shares?

Last Answer : What do you mean by Qualification shares?

What does the loan against shares mean?

Description : What does the loan against shares mean?

Last Answer : Loan against Securities is a type of loan where securities like shares, Mutual Funds, term deposits, NSC certificates, etc. are used as collateral. While some banks might require your securities to be liquidated, others give you the option of taking a loan without liquidating your investments.

To issue shares on Discount mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Description : To issue shares on Discount mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Last Answer : C. Issue on less than face value of shares

To issue shares on Par mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Description : To issue shares on Par mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Last Answer : A. Issue on face value of shares

To issue shares on premium mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Description : To issue shares on premium mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer

Last Answer : B. Issue on more than face value of shares