English, 02.06.2021 01:00 amariciara05
Case study on Consolidation: Controlled Entities:
Ram Lal Co is an investee company which has annual general meetings where
decisions to direct the relevant activities are made. The next scheduled annual general
meeting is in eight months. However, shareholders that individually or collectively hold
at least 5% of the voting rights can call a special meeting to change the existing
policies over the relevant activities, but a requirement to give notice to the other
shareholders means that such a meeting cannot be held for at least 30 days. Policies over
the relevant activities can be changed only at special or scheduled annual general
meetings.
Required:
Discuss whether the following investor companies have the current ability to direct the
relevant activities of Ram Lal Co. Give reasons to support your answer.
a) Krisna Lal Co holds majority of the voting rights in Ram LalCo
(2 marks)
b) Shyam Lal Co holds a substantive option to acquire majority of shares in
Ram Lal Co that is exercisable in 25 days and is deeply out of money.
(2 marks)
c) Shiu Lal Co is party to a forward contract to acquire majority of shares in
Ram Lal Co. The forward contractâs settlement date is in 25 days.
(3 marks)
d) Mohan Lal Co is party to a forward contract to acquire majority of shares in
Ram Lal Co, with no other related rights over Ram Lal Co. The forward
contractâs settlement date is in six months. (3 marks)â
Answers: 2
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"as one of our outstanding historical figures once said, âwhen a great democracy is destroyed, it will not be because of enemies from without but rather because of enemies from within.â" (paragraph 7) how does this quote reveal mccarthyâs point of view and advance the purpose of his speech?
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English, 22.06.2019 01:30
Explain how daveâs search for adulthood in ,the man who was almost a manâ reflects the africa-american desire to escape the poverty of the south at the time the story was written.
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English, 22.06.2019 06:00
Walking is not the most exciting form of exercise a person can take on for fitness. yet it is low impact and requires no fancy equipment. that makes walking a simple activity for those new to exercise. walking is less likely than other exercises to cause injury to leg tendons and muscles. all it requires is a good pair of sneakers-no cables, stylish outfits, or weights required. of course, a person could increase the benefit of a workout by adding weights or speed walking. identify the main idea of this paragraph. walking is a difficult and safe exercise for beginners. walking is an easy and safe exercise for beginners. walking is a boring and dangerous form of exercise. walking is an exciting and very effective form of exercise.
Answers: 2
Case study on Consolidation: Controlled Entities:
Ram Lal Co is an investee company which has annua...
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