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What else can I help you with?
What is differences between salary scale of navaratna and maharatna company?
no difference
What number of maharatna navratna?
As of now, there are 7 Maharatna and 14 Navratna category companies in India
Is power finance corporation limited is maharatna psu?
No. It is a Navratna PSU
Why maharatna is given that name?
The term "Maharatna" in India is given to designate a public sector undertaking (PSU) that meets certain criteria set by the government. It signifies a PSU's exceptional performance and significant contribution to the Indian economy. The term "Maharatna" is derived from the Hindi word "Maharath," which means a great warrior or champion, indicating the PSU's prestigious status and highest level of recognition.
What do you do if you have a policy with a company that has declared bankruptcy?
Contact the Insurance Commissioner, they probably had the company taken over by another company.
Can a company be declared as insolvent under companies act 1956?
No. It can be wound up. In India, only individuals can be declared insolvent.
Does a declared dividend become a liability if not paid?
Yes, once a dividend is declared by a company's board of directors, it becomes a liability on the company's balance sheet, even if it has not yet been paid. This liability reflects the company's obligation to distribute the declared amount to shareholders. If the dividend is not paid, it remains a liability until it is settled or canceled, impacting the company's financial statements.
How many Companies have been awarded the status of 'Maharatna' Companies in India?
As on date - only 7 Companies have the Mahartna Status in India
What is maharatna psu?
Any PSU Company that is already in the Navratna Status and meets the following additional conditions can be categorized as the most elusive Maharatna Company... 1. Listed on the Indian stock exchange, with a minimum prescribed public shareholding under SEBI regulations 2. An average annual turnover of more than Rs. 20,000 crore during the last three years 3. An average annual net worth of more than Rs.10,000 crore during the last three years 4. An average annual net profit of more than Rs. 2,500 crore during the last 3 years
What happened to Red ball motor freight?
The company declared bankruptcy in 1982.
Why do you have to sell your vehicle to the insurance company if it is declared a total loss in the state of Alabama?
no
If your car is declared totaled does the car belong to the owner or the insurance company?
The insurance company. They have in theory bought the car or what was left of it.
