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How Was the IPCC/PCC Law Paper.....????

Page no : 12

Naman (Final ca) (296 Points)
Replied 08 May 2010

Originally posted by : AKSH KUMAR

Ans to EPF Question

Employees' Provident Funds Appellate Tribunal (Sec. 7-D)

 

   1.            The Presiding Officer may by notice in writing under his hand addressed to the Central Government, resign his office. But he shall, unless he is permitted by the Central Government to relinquish his office sooner, continue to hold office until the expiry of 3 months from the date of receipt of such notice or until a person duly appointed as his successor enters upon his office or until the expiry of his term of office, whichever is the earliest.

u r write

 

it was triky i didnt expect it


Originally posted by : karan joshi

i wrote that..

every member has right to vote...thus..

when a member does not pay the call money....and as per information in question ..the share are not still forfieted...

thus by not paying the calls he doesnot cease to be member and hence he can vote...!!

m i correct...?

please reply..friends..!!

 

-karan joshi

 





u r wrong as in the rights to votes 2 exemtions are

one is if articles specify that un paidup shareholders vote is not counted in a gm

2nd one dont remember


A-G-V (Student) (571 Points)
Replied 08 May 2010

Paper was very tough. Pathetic!!!!!

 

Accounts & audit were easy. So they made sure that we can't get through Law.


Aravind.. (CA) (1262 Points)
Replied 08 May 2010

1 (a) - quasi contract

2(a) - y and z are liable

3- holder in due course

7- chairman,s contention is valid. sec.181 - AoA can have such provisions which is the final.


ARUSHI (student) (34 Points)
Replied 08 May 2010

Originally posted by : PRATeeK

@ prachi

it was not the question of lifting of corporate veil..

it was a simple logic that the liability of shareholders of a company is limited to the amount fully paid up on such shares so Y and Z were not liable to repay the loan.

 no its answer is membership fall below 7 f public co.... read questn wd ths aspect :)


AJAY PRATAP (FINANCIAL CONSULTANT) (72 Points)
Replied 08 May 2010

As per my knowledge answers are:

1. a> w is not entitled to get reimbursement.

b.i> incorrect


b.ii> incorrect

c.i> valid

c.ii>holding out

c.iii>holder for value

 

2.a> only y is liable as debt taken after 6 months and z didn,t have a knowledge of development.

2.b.i>correct

2.b.ii>incorrect

2.c.i> provisional contracts

2.c.ii>5.0%

2.c.iii>to declare dividends

 

3. j is liable to pay the bill due to his negligence, as he intend to cancel it, but he didn,t cancel the bill, only torn it and threw it.

4.in both the cases demand for bonus by employees is tenable as psu comes in the mobile business due to competition with private companies.

5.r resignation is invalid.

6. s is not entitled.

7. contention of j is not valid.

8.refusal of payment by company is valid.

9.yes k's objection is right.

pls correct me if iam wrong.




(Guest)
w is entitled for rembursemnt...

sanju (---) (131 Points)
Replied 08 May 2010

@ AJAY

buddy gr8 u will score above 70


AJAY PRATAP (FINANCIAL CONSULTANT) (72 Points)
Replied 08 May 2010

r u joking or serious.........



(Guest)
im serious..


(Guest)
mostly ur ans r right..


sanju (---) (131 Points)
Replied 08 May 2010

no one is joking u going gud man @ AJAY


sanju (---) (131 Points)
Replied 08 May 2010

one of ma frnd telling me that all the questions are frm a local writer series & also same patter with same figr,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,i was shoked how can ths possible,,,,,but whn i was telly question its superb.....



(Guest)
whos dat local writer??

sanju (---) (131 Points)
Replied 08 May 2010

actually  i frgot the name but tommarow  i will ask agin & publish here........



CA Punit GoSwaMi (Chartered Accountant) (310 Points)
Replied 08 May 2010

OHK...Thank you All For your Response.Do well in Next papers/..i'm gona join you all in that..good luck......



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