All India Bar Examination (AIBE) 9-IX Previous Year Question Papers with Answers

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36.

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

The answer is: D

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