Q.15
Company Law Medium Section in Options

How is the net worth of a foreign Company calculated for the purpose of Corporate Social Responsibility?

A The networth will be calculated as per section 198 of Companies Act, 2013
B It shall be calculated as per section 197 of the Companies Act 2013
C It shall be calculated as per section 197 and section 381 of the Companies Act, 2013
It shall be calculated as per section 198 and section 381 of the Companies Act, 2013. Answer
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Explanation & Strategy

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Under the Constitution, Article 226 gives High Courts wider writ jurisdiction than the Supreme Court's Article 32 — HCs can issue writs for fundamental rights AND for any other purpose, while SC writs are only for fundamental rights.

At a Glance
Subject Company Law
Difficulty Medium
Answer (D) Section in Options
Paper AIBE IX — March 2016
Progress in Paper
Q.15 100 questions

15% through paper