Question
Avinash Ltd needs approves to raise capital through
rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is Rs. 220 and the company is offering one share of Rs. 160 each under rights issue, what is the value of the right offered by the company?Solution
Value of right = Market price – average value of each share including the rights share To calculate average value of share including rights Value of 2 existing shares = 2*220 = Rs.440 Value of each rights share = 1*160 = Rs.160 Value of 3 shares = 600 Average value of each share (including rights) = 600/3 = Rs.200 Thus, value of right = market value – average value = 220-200 = Rs.20
Chapter III of the Transfer of Property Act, 1882 deals with-
...What is the maximum amount of interim compensation that can be granted by the Court under Negotiable Instruments Act?
Criminal breach of trust deals with
When a witness is cross-examined, he may be asked questions which tend:
______________ means when two or more persons are said to consent when they agree upon the same thing in the same sense
Crime is a wrong treated essentially against
In case of a property already subjected to mortgage:
Period of appearance for proclamation issued under Section 82 of Cr.P.C is not less than
Under Section 4 of the Prevention of Money Laundering Act, 2002, what is the prescribed punishment for the offence of money laundering where the proceed...
As per the Companies Act no company limited by shares shall issue any preference shares which are______________
