FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Discuss the exceptions where the prohibition shall not apply on the acquisition or disposal of a non-cash asset entered into by a company under the

Discuss the exceptions where the prohibition shall not apply on the acquisition or disposal of a non-cash asset entered into by a company under the Companies Act 2016.

pls follow Company Act 2016 section 228 ( 9c ) and 229 ( a, b, c, d, f )

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Managerial Accounting

Authors: Ray H. Garrison, Alan Webb, Theresa Libby

12th Canadian Edition

1260193276, 978-1260193275

Students also viewed these Accounting questions

Question

★★★★★
Jack LeBlanc, an MBA student at the University of Wisconsin at Madison, recently purchased a small ice cream and frozen yogurt business close to campus to help pay his way through the program. Even...

Answered: 1 week ago

Question

★★★★★
4. Describe how you would conduct an assessment for criminogenic factors in offenders with intellectual disability.

Answered: 1 week ago

Question

★★★★★
Some newly issued T-bills are auctioned by discriminatory pricing in Dutch auctions, whereas other newly issued T-bills are auctioned by uniform prices second-highest sealed-bid ascending-price...

Answered: 1 week ago

Question

★★★★★
Fill Out Form 1040, Schedule A, Schedule 1 Case Study - Individual Income Tax Due: March 21 st at 12:30pm Instructions Calculate the Lang's 2022 federal income tax using 2022 Form 1040, Sehedule A,...

Answered: 1 week ago

Question

★★★★★
The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the...

Answered: 1 week ago

Question

★★★★★
lac Guilder is age 63 in 2018, and his wife Matlida is age 67. Theyfile jointly and have 51,000 of adjusted gross income. They have two children, one of whom is single but for whom the Guilders...

Answered: 1 week ago

Question

★★★★★
The optical system of Figure P33.95 consists of a converging lens and a converging mirror. The focal points of the lens are marked by open dots and the center of curvature of the mirror by a solid...

Answered: 1 week ago

Question

★★★★★
In testing the cash discounts on vendors invoices, the auditor did not expect to find any errors in the sample and therefore used attributes sampling techniques. Based upon the statistical...

Answered: 1 week ago

Question

★★★★★
A gift shop sells 400 boxes of scented candles a year. The ordering cost is \($60\) for scented candles, and holding cost is \($24\) per box per year. What is the minimum annual amount of these...

Answered: 1 week ago

Question

★★★★★
A car rental agency uses 96 boxes of staples a year. The boxes cost \($4\) each. It costs \($10\) to order staples, and it costs \($0.80\) to hold a box of staples in inventory for 1 year. How many...

Answered: 1 week ago

Question

★★★★★
How do you add two harmonic motions having different frequencies?

Answered: 1 week ago

Previous Question Next Question