Chapter IV(Sections43–72) of the Companies Act, 2013 (CA 2013) deals with the provisions related to share capital and debentures. Section 52 of CA 2013 provides for application of premiums received on issue of shares. Recently, we have discussed in detailsection 51(Payment of dividend in ...
Chapter IV(Sections43–72) of the Companies Act, 2013 (CA 2013) deals with the provisions related to share capital and debentures. Section 54 of CA 2013 provides for issue of sweat equity shares. Recently, we have discussed in detailsection 53(Prohibition on issue of shares at discount) of...
These shares allow shareholders the right to vote on issues relating to the corporate policy as well as the make up of a company'sboard of directors. This is why they are also sometimes referred to as voting shares. Shareholders get one vote per share. Other than that, ordinary s...
Under ESOP, an employee gets the benefit of acquiring the shares of the company at the nominal rate, and sell them (after a defined tenure set by his employer) and make a profit. Governing Provisions under the Companies Act, 2013 Section 62 (1) (b) of the Companies Act, 2013 Section...
Section 71 of the Companies Act, 2013 permits a company to issue debentures with an option to convert such debentures into shares, either wholly or partly at the time of redemption; Provided that, the issue of debentures with an option to convert such debentures into shares, wholly or partly...
The GO Run For Fun Foundation shares a similar ethos. The campaign was launched by INEOS in September 2013 with a £1.5 million donation spread over three years to encourage children to run for fun. Chairman Jim Ratcliffe, who is a keen runner, hoped 100,000 children would have taken par...
“The main line railway runs right past our site and they are going to be building sidings off that, which will mean our phenol and acetone can be loaded on to trains instead of going by road,” said Nick Williamson, business development manager for INEOS Phenol. “Just putting in a kil...
made prior to or on the Completion Date by the Seller or any of the Group Companies of the transactions consisting of (i) the acquisition of the shares in NL Drahtseile GmbH by the Company on 29 December 2009, (ii) the increase of the share capital of NL Drahtseile on 29 December ...
Joanne Tarvit has grown up curling competitively, just like Dale Curtis, her mother. This interview shares what it’s like for them to curl together as a family, what curling teaches kids, and how women can thrive in curling at any stage of life. The full recorded interview is below the...
The investment banker purchases all or part of the shares of the stock for resale to the public in the form of newly issued investment securities based on the shares of stock. Brokerage houses and insurance companies bid on the investment securities with a bid bond issued by the GSA. The ...