Originally posted by : preity |
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Why dont u share it here in the forum?
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Dear , it needs direct interaction with students. However, demo can be given but they will not be fruitful in written form. For your kind consideration, please note the following.
Q : Verification of Shares/Secutities.
Give reference the following with your answers:
1. Checking of Securities as per Sec ..... of the Indian Trust Act 1882.
2. Checking of Securities as per Sec ..... of the Companies Act 1956.
3. Compliance as per SEBI Guidlines and SC(R)A 1956.
4. Consideration of Sec 227(1) of the Companies Act 1956 regarding -
A) If shares has been issued in cash - whether cash has been received.
B) If the co is not an Investment company and share have been valued below cost price - Report the same.
5. If Shares have been held as investment in subsidieries/associates then check valuation principles of AS 13. 23.
6. Diclosure requirement in Consolidated BS as per AS 21
7. Disclosure & Reporting requirement as per CARO 2003, SA 700, SA 705.
8. For Buy Back of share - check the compliance of sec 78 A of the Companies Act 1956.
9. If Bonus shares, Right Shares have been issued - check necessary compliance of SEBI.
10. For announcement to pay the Calls in Arrear, resolution is required in BM as per Sec 290 of the Companies Act 1956. BOD can not do the same without approval in BM.
and so on .....