Q.50
Company Law Medium Knowledge-Based

The Standards on Auditing have been accorded legal sanctity in the Companies Act, 2013 and would be subject to notification by the-

NFRA Answer
B NRFA
C NARG
D SEBI
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Explanation & Strategy

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Under the Constitution, PIL (Public Interest Litigation) relaxes traditional locus standi — any public-spirited person can approach the court for enforcement of rights of disadvantaged groups who cannot access justice themselves.

At a Glance
Subject Company Law
Difficulty Medium
Answer (A) Knowledge-Based
Paper AIBE VII — September 2014
Progress in Paper
Q.50 100 questions

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