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Law · Q32

Indian Companies Act

Graduate and Post Graduate · Law · question 32

Q32

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
Answer
D.
It shall be calculated as per section 198 and section 381 of Companies Act, 2013

Answer: Option C

Solution

Answer: Option C
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