MCQs on Methods of Human Resource Accounting

Dr. Toran Lal Verma

These MCQs are helpful in understanding the Methods of Human Resource Accounting. Solve these MCQs carefully and check your knowledge 1. Which method of Human Resource Accounting states that only scarce people should comprise the value of human resources? Replacement Cost Method Historical Cost Method Opportunity Cost Method Economic Value Method Answer 3. Opportunity Cost Method Explanation The Opportunity Cost Read More …

DUTIES OF COMPANY SECRETARY IN RESPECT OF ANNUAL GENERAL MEETING

Dr. Toran Lal Verma

In this post, we will discuss the duties of the company secretary in respect to the Annual General Meeting. A company secretary has to perform various duties before the meeting, during the meeting and after the meeting which is discussed as follows BEFORE THE GENERAL MEETING To convene a board meeting, after giving notice as per section 173(3). Give advance Read More …

PROVISIONS FOR ANNUAL GENERAL MEETING ACCORDING TO COMPANIES ACT 2013

Dr. Toran Lal Verma

Section 96 provides that every company, other than a one-person company is required to hold an annual general meeting every year. SS-2 provides that the Board shall, every year, convene or authorize convening of a meeting of its members called the Annual General Meeting. Proper notice must be served in the manner specified under Section 101 and 102 of the Read More …

Liabilities of a Company Secretary According to Companies Act 2013

Dr. Toran Lal Verma

Liabilities of a Company Secretary is divided into two types Statutory Liability and Contractual liability. Statutory liabilities of a Company Secretary Default in Complying with name requirements – Fine of Rs. 1000 every day during which the default continues that cannot exceed Rs. 1 Lakh. Default is filing the return on the allotment – Fine Rs. 1000 every day during which Read More …