Company Law : Learn about Alteration of Share Capital: types, process, and its significance under the Companies Act of 2013. Understand how comp...
Income Tax : Unlock the complexities of Income Tax on Shares in this comprehensive guide. Explore classifications, Capital Gains, PGBP, and nav...
Company Law : Authorized share capital of the company is the maximum permissible limit set by the shareholders of the Company that allows the Co...
Finance : Uncover the findings of Hindenburg Research's 2-year investigation, alleging Adani Groups stock manipulation and accounting fraud ...
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Income Tax : As regards shares and other securities, the same can be held either as capital asset or stock-in-trade / trading asset or both. Ho...
SEBI : Forfeiture of shares is a process specified under Table-F (Articles of Association of a Company Limited by Shares) of Schedule I o...
Company Law : To prevent misuse of class action suits, the new Companies Act may specify a minimum number of shareholders or creditors of compan...
Company Law, Finance : Come September, the incorporation of companies or various regulatory filings will not be a cumbersome and time-taking exercise any...
Company Law : Companies cannot relist themselves on the bourses for up to ten years after their delisting, instead of two years as was the case ...
Income Tax : Delhi High Court held that benefit of deduction under section 80IC of the Income Tax Act available even in case of addition of uns...
Income Tax : ITAT Kolkata held that it is unjustified to assess share capital and share premium as unexplained cash credit u/s. 68 merely for h...
Company Law : Brillio Technologies Pvt. Ltd. Vs Registrar of Companies (NCLAT Delhi) NCLAT that the NCLT has erroneously held that the Applicati...
Income Tax : AO was duty bound to provide opportunity of cross-examination of witness, if he relied on statement of such witness to decide agai...
Income Tax : The issue under consideration is Unlisted shares sold after holding for 23 months considered as Long Term Capital Gains or Short T...
SEBI : Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2009 - Amendment in...
SEBI : The Securities and Exchange Board of India (SEBI) vide circular ref. no. MRD/DoP/Cir-05/2007 dated April 27, 2007 made PAN the sol...
SEBI : Every member, who is directly or indirectly interested in any matter coming up for consideration at a meeting of the Committee, s...
Company Law : Notification of change in COMPANIES (APPOINTMENT AND QUALIFICATIONS OF SECRETARY) RULES to increase the present limit of paid-up c...
Company Law : he application should be addressed to The Secretary, Department Of Company Affairs, of the Jurisdiction in which you are falling. ...
According to Section 2(68) of the Companies Act, 2013, Authorized share capital of the Company means maximum amount of share capital of the company as authorized by memorandum of the company. This means that issued or paid up capital of the company cannot go beyond its authorized share capital. It may happen that in some […]
Preference shares commonly known as preferred stocks are the kind of shares that hold certain prior benefits. Preference shares are released to rise capital of the company which is known as preference share capital. The preference share holders are given preferential treatment is respect of payment of dividend. They are having priority not only in […]
Brillio Technologies Pvt. Ltd. Vs Registrar of Companies (NCLAT Delhi) NCLAT that the NCLT has erroneously held that the Application for reduction of share is not maintainable under Section 66 of the Act, consent affidavits from the creditors is mandatory for reduction of share capital, SPA cannot be utilized for making payment to non-promoter shareholders, […]
आज के नये दौर में, नई तर्ज पर, नये और युवा निवेशक उभरती हुई टेक कंपनी में निवेश के प्रति काफी आकर्षित हो रहे हैं. इनके लिए कंपनी के बिजनेस आइडिया, सोच और उसका बढ़ता मार्केट मायने रखता है और इसीलिए यह उन कंपनियों में भी खुल कर निवेश कर रहे हैं जो भले घाटे […]
Investing in stocks has always been a matter of fear for us since we have been always taught stock market as speculation. However, times have changed now, with the outrage of social media and internet, people are becoming more and more aware of the financial literacy in India. Any stock can be analyzed on many […]
In the recent past, a few companies like Syngenta India Limited, Atlas Copco, etc. have, after their delisting from the stock exchanges, followed the Sec 66 of Companies Act, 2013 route to selectively reduce their non-promoter capital and provide a means of exit to minority shareholders.[1] Sec 66 allows a company to distinguish between shareholders […]
New to Stock Market – Things should be aware of Taxes (3 minutes read) During the pandemic time most thinking about the extra sources of Income. From that majority started trading in Stock Market. Sure they are rewarded with handsome profits during the last financial year, 2020-21. But it is Tax time one should aware […]
Preference shares are suitable for investors who want a steady source of income without taking on the risks of volatility in the common shares. Preference shareholders also give up the upside potential of common shares as preference shares do not change their value substantially in any given holding period. Methods of Issue of Preference Shares: […]
Basis of Distinction: Governing Sections: 1. Rights Shares: u/s 62 of Companies Act of 2013 2. Bonus Shares: u/s 63 of Companies Act of 2013 Meaning: 1. Rights Shares: Issue of further shares to the already existing shareholders of the company in ratio of the proportion of their holdings at discounted price. 2. Bonus Shares: […]
Basic Information 1. A company having a share capital may, if so authorized by its articles, issue preference shares subject to the following conditions, namely:- the issue of such shares has been authorized by passing a special resolution in the general meeting of the company the company, at the time of such issue of preference […]
