Unsolved_Practical Problems_12

Arihant Institute company registered under Sec. 25 of Comapnies Act wants to destroy its books of account for the financial year 2000. When they can do so ?

Unsolved_Practical Problems_11

Arihant Ltd wants to destroy its books of account for the year 1999. After which date it can destroy ? Show your calculation alongwith Provision of Act.

Unsolved_Practical Problems_10

Board of directors of Arihant Institute Ltd wants to keep its books of account at Nagpur. Company’s registered office is situated at Ahmedabad. What procedure should be followed by board ? Would your answer be different, if board of director wants to keep its books of account to its New York branch ?

Unsolved_Practical Problems_9

Arihant Ltd wants to write its books of account in pencil. Advise company

Unsolved_Practical Problems_8

Explain the difference among “book of account”, Books of Account” and “Proper books of account” under the Companies Act

Unsolved_Practical Problems_7

Who are having special power to inspect the books of account under the Companies Act ?

Unsolved_Practical problems_6

The company application u/s 391, 394 of the Companies Act, 1956 was jointly filed by JKH Ltd. (transferee co.) JKI Ltd. (transferor company No. 1) and KI Ltd. (transferor company No. 2) to approve the scheme of amalgamation for the amalgamation of transferor company Nos. 1 and 2 with the transferee company.

The Regional Director, Ministry of Corporate Affairs in his affidavit raised a objection, that the authorized share capital of the transferee company shall automatically increased by addition of authorized share capital of the transferor companies. Therefore the transfer of authorized share capital could only be done after following the procedure prescribed under the relevant provisions of the Companies Act, 1956, payment of requisite fees to the Registrar of Companies and stamp duty to the State Government. Examine

Unsolved_Practical Problems_5

Article of Arihant Institute (P) Ltd provide that director should make fixed deposit of Rs. 5,000 for being qualified to be director. Examine

Unsolved_Practical Problems_4

Mr. A holder of Citi bank gold card wants to purchase online from ebay.com and pay US $ 15,000. Is he require to obtain any permission or any formalities under FEMA ? What if he makes payment through international credit card ?

Unsolved_Practical Problems_3

Mr. A holder of Visa classic card draw US $ 12,000 for the purpose of shopping. What formalities are requird to be observed if any ?

Would your answer be different if he draw US $ 1,000 per month for the one year for same purpose. What would be situation if Mr. A is holder of International credit card whose limit is Rs. 40,00,000 ?