For some odd reason I felt that all the questions had more or less similar answer. It seemed like 'Central Government approval' was my answer to everything.
QSTN 5A out of provisions of winding up which are applicable for May 2014.
So full no will be given to eveyone who attempted it
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Am I correct?
Q.1 (i) i answered by referring section 233A special audit, Shareholders have to pass special resolution and then have to approach central government for conducting special audit. Central govt will appoint statutory auditor any other chartered accountant to conduct special audit and management cant refuse it.
PROCEDURE TO GET FULL MARKS IN QUESTION 5A -
1) As per RTP only basic provision upto para 9.40 of WINDING UP shall be applicable.
2) however question belongs to section 433 which is not in basic provision and further it is after para 9.40 in study material.
3) Students should file and application to examination department stating the announcement made in the RTP.
4) Further, Detailed provisions upto para 9.40 should also be attached as evidence.
5) the examination committee on.finding the same as ture, shall award full marks to those students who have attempted the question