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Start learning 50% faster. Sign in now· As per Section 52, when a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium received on those shares shall be transferred to a “securities premium account” · Securities Premium can be used for : o issue of fully paid bonus shares o to write off preliminary expenses o write-off commission paid/discount on issue of shares or debentures o for premium payable on redemption o for buy-back of own shares or securities
An internal aid that may be added to include something within a Section or to exclude something from it is known as ___________.
What is the maximum number of directors a company can appoint without passing a special resolution?
Within how many days from incorporation should a company have its first Board meeting?
The Corporate Social Responsibility Committee of the Board shall consist of _______________, out of which at least one director shall be an independent ...
A Red Herring Prospectus is issued:
Who can allow apprentices and other trainees, not below sixteen years of age, to work in a mine under proper supervision, as per Code 70 (2) of
What is the primary objective of the Minimum Wages Act?
Under the Arbitration and Conciliation Act, 1996, who has the authority to appoint an arbitrator when the parties fail to do so?
Where a depository fails to conduct its business with its participants or any issuer or its agent or any person associated with the securities markets ...
According to the Arbitration and Conciliation Act, which of the following is a ground for challenging the validity of an arbitral award?
