Basics
Forfeiture of Shares
Forfeiture of Shares When a shareholder fails to pay calls, the company, if empowered by its articles, may…
August 16, 2021 · Boomi NathanBasics
Basics
Accounting Treatment (Regulation 9.1)
Where the sweat equity shares are issued for a non – cash consideration, such non-cash consideration shall be…
August 16, 2021 · Boomi NathanBasics
Sweat Equity Shares
Issue of Sweat Equity Shares [Section 54] Notwithstanding anything contained in section 53, a company may issue sweat…
August 16, 2021 · Boomi NathanBasics
SEBI guidelines on issue of bonus issues
A listed company proposing to issue bonus shares shall comply with the following requirements: 1. – The articles…
August 16, 2021 · Boomi NathanBasics
Bonus Issue
Capitalisation: Capitalisation of profits is the process of converting profits or reserves into paid up capital. Bonus Shares: A…
August 16, 2021 · Boomi NathanBasics
Right Issue
Where at any time, a company having a share capital proposes to increase its subscribed capital by the…
August 16, 2021 · Boomi NathanBasics
Follow on Public Offer & Rights Issue
Follow on public offer (FPO) An issuance of stock following a company’s Initial Public Offer is called a…
August 16, 2021 · Boomi NathanBasics
Allotment of Securities by Company [Section 39]
(1) No allotment of any securities of a company offered to the public for subscription shall be made…
August 16, 2021 · Boomi NathanBasics
Refund of Application Money
(1) If the stated minimum amount has not been subscribed and the sum payable on application is not…
August 16, 2021 · Boomi NathanBasics
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 Nathan