Basics
Issue of Application Forms for Securities [Section 33]
(1) No form of application for the purchase of any of the securities of a company shall be…
August 16, 2021 · Boomi NathanAuthor: Boomi Nathan
J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.
Basics
Publication of Authorized, Subscribed and Paid-Up Capital [Section 60]
(1) Where any notice, advertisement or other official publication, or any business letter, billhead or letter paper of…
August 16, 2021 · Boomi NathanBasics
Share Capital
No trading concern can run without capital. The divisions of share capital are: (i) Nominal or Authorized Capital. The…
August 16, 2021 · Boomi NathanBasics
Books of Account
Every company is required to keep at its registered office books of account. These books are to be…
August 16, 2021 · Boomi NathanBasics
Statutory Books
Statutory books are those which a limited company is under statutory obligation to maintain at its registered office.…
August 16, 2021 · Boomi NathanBasics
Accounting of Shares And Debentures
A company is a voluntary and autonomous association of certain persons with capital divided into numerous transferable shares…
August 16, 2021 · Boomi NathanBasics
Linking the Income and Balance Sheet
Generally, a balance sheet and an income statement are prepared and issued together because in a way they…
August 16, 2021 · Boomi NathanBasics
Balance Sheet
A Balance sheet is like a “snapshot” that gives you the overall picture of the financial health of…
August 16, 2021 · Boomi NathanBasics
Income & Expense Accounts
Income Accounts These accounts are used to track income earned during the process of operating your business. The…
August 16, 2021 · Boomi NathanBasics
Income Statement
An Income Statement is also called a Profit and Loss Report. In addition, the word Revenue is often…
August 16, 2021 · Boomi Nathan