The word ‘company’ is derived from the Latin word Com Panis (Com means ‘With or together’ and Panis means ‘Bread’), and it originally referred to an association of persons who took their meals together. In the leisurely past, merchants took advantage of festive gatherings, to discuss business matters. In popular parlance, a company denotes an […]
Article Explains Concept of Rights Issue under Section 62(1)(a) of Companies Act, 2013, Conditions for Issuance of Shares/Securities on Rights Issue Basis, Procedure For Issuance Of Right Shares and contains Frequently Asked Questions on Rights Issue. Concept of Rights Issue under Section 62(1)(a) 1. A company having a share capital proposes to increase its subscribed […]
Meaning and Concept of Authorized Share Capital: ♦ As Per Section 2(8) of the Companies Act, 2013 ‘authorized capital’ or ‘nominal capital’ means such capital as is authorized by the memorandum of a company to be the maximum amount of share capital of the company. ♦ Therefore Authorized Share Capital is that maximum amount up […]
REGISTRATION OF SECTION 8 COMPANY A BRIEF INTRODUCTION ABOUT SECTION 8 COMPANIES: In India there are three formats for registration of Non-Profits Organizations, those are mentioned here under: -Section 8 Companies; -Societies; -Trust. Out of the above mentioned three formats, Section 8 Companies are most reliable, credible and popular format of registration of Non-Profits Organizations […]
1. MEANING OF BONUS SHARES: Bonus Shares refers to a further issue of shares made by a company having share capital to its existing shareholders without receipt of any consideration from the shareholders for issuance of such shares. It is an offer of free additional shares to the existing shareholders in proportion to their existing […]
