When a shareholder loses his or her share certificate, the shareholder and the corporation in which he or she owned shares may suffer significant financial losses. Under Section 46 of the Companies Act, 2013, and Rule 6(2) (a) to (c) of the Companies (Share Capital and Debentures) Rules, 2014, duplicate share certificates can be issued…
Borrowing cash is an important way for a firm to generate finance for large-scale initiatives and corporate expansion. Corporate borrowings are loans received by a firm by putting a charge on its assets as security to the lender. In this article, we will be discussing Charges and Charges under Section 77 to 87 of the…
The right to partake in a company’s performance, income, and assets come with becoming a shareholder. Many shareholders, however, are unread of their rights. This right, which is held by everyone, has an impact on the company’s management, pre-emptive rights to freshly issued shares, and general meeting voting rights. The share capital of a firm…
A dividend is often declared to investors in the form of cash distribution from the company’s earnings. Rather than reinvesting cash back into the firm, a company may choose to pay a dividend to its shareholders. Dividends are important for investors. They improve stock investing profits, provide an additional metric for fundamental analysis, lower portfolio…
Boards of directors may be one of the remaining bastions of male dominance in the country’s corporate environment. Women on the board, who were largely relatives of the powers that be, usually kept their mouths shut. This institution, on the other hand, has now risen up. In addition, the number of women nominated as directors in…
Every entrepreneur looks forward to the first step in beginning a business, which is establishing a legal identity by registering a company. Also, companies are in charge of legal documents that outline the dos and don’ts of doing business. Memorandum of Association (MOA) and Articles of Association (AOA), sometimes known as company charters, outline a…
Whenever an investment is made in the financial market, the investor typically receives certain securities of the company in exchange for his money. Shareholders could subscribe to the corporation’s equity shares, preferential shares, or debentures. Equity is similar to owning a piece of a company. ‘Sweat Equity,’ in its broadest sense, is a contribution made…
A private placement is an offer or invitation by a company to apply for or issue securities to a specific group of people (except by public offering). In any fiscal year, private placements may, at the discretion of the Board of Directors, be made to only a small number of persons, excluding qualified institutional investors…
What is a charge? Section 2(16) of the Companies Act, 2013, defines the term ‘charge’as an interest or lien that is created on the property or assets of a company or it may be created on any of its undertakings or securities including a mortgage. In simple terms, it may be said that a charge…
Introduction The essential object of any tax regulation is to gather assets to support different financial undertakings and government assistance measures. But a modest bunch of nations that are prosperous, pay from the tax levitation has been the significant asset base for the legislatures to accomplish financial turn of events. At the miniature level, a…