Tag: business studies

Prof. Goodhart says that ration decidendi is nothing more than the decision based on the ............... of the case.

The auditors are appointed equity shareholders in certain cases auditor can be appointed by -
(i) Directors
(ii) Central Government
(iii) Debenture holders
The correct answer is -

Which of the following section of the Companies Act, 2013 contains the provision relating to disqualification of auditor?

Which of the following section of the Companies Act, 2013 contains provisions as regards to qualification of auditors?

Company .............. to send any intimation of appointment of first auditor to the Registrar of companies (ROC).

The company shall inform the auditor concerned of his or its appointment, and also file a notice of such appointment, and also file a notice of such appointment with the Registrar within _____ of the meeting in which the auditor is appointed.

Section 139(1) of the Companies Act 2013 provides that____________must appoint an auditor.

Section 139(1) of the Companies Act, 2013 provides that every company must appoint ............... as an auditor.
(I) An Individual
(II) A firm
(III) A firm having at least three partners
(IV) Body corporate
The correct answer is -

Where the corporate veil has been used for commission of fraud or improper conduct, Courts have lifted the veil and looked at the realities of die situation. In relation to this, which of the following case law can be quoted?

Section 139(1) of the Companies Act, 2013 provides that every company must appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its _______ and thereafter till the conclusion of every _______ and the manner and procedure of selection of auditors by the members of the company at such meeting shall be such as may be prescribed however the company shall place the matter relating to such appointment for ratification by _______ at every ________