Statements recorded in a s. 300 examination may later be used how against the person?
AAs a mere warning
BNever in any case
CAs evidence against him
DOnly to assess costs
Answer & Solution
Correct answer: C. As evidence against him
Section 300(7) allows the signed record of the examination to be used in evidence against him.
Keep practising Winding Up
Browse all Winding Up questions for CA Final, or explore more Law topics.
Related questions
Under s. 361, summary liquidation suits a company with assets of book value up to what?If no voluntary resolution came first, a Tribunal winding up commences at what time?The Tribunal may declare a dissolution void within what period from dissolution under s. 3Unpaid dividends go to the Liquidation Dividend Account after remaining unpaid for how lonIf winding up is not concluded within what period, s. 348 requires yearly statements?Under s. 344, business letters of a company in liquidation must carry what?The minimum jail term for fraud by officers under s. 337 is what?After a Tribunal winding up begins, property dispositions are void unless the Tribunal doe