What are preliminary expenses?
SOLUTION These are the expenses incurred prior to the incorporation of a company.
SOLUTION These are the expenses incurred prior to the incorporation of a company.
SOLUTION Employee Stock Option Plan means option granted by the company to its employees and employee directors to subscribe the shares of the company at a price that is lower…
SOLUTION Sweat equity shares means equity shares issued by the Company to its employees or directors at a discount or for consideration other than cash for providing know-how or making…
SOLUTION As per Section 42 of the Companies Act, 2013, Private Placement of Shares means issue and allotment of Shares to a selected group of persons. In other words, in…
SOLUTION Capital reserve is that reserve which is created out of capital profits.
SOLUTION Reserve Capital is a part of “Uncalled Capita.”
SOLUTION According to section 65 of the Companies Act, a Company may. by a special resolution, determine that a portion of its uncalled Capital shall not be called up, except…
SOLUTION It is that portion of subscribed capital which has been called by the company from the shareholders. For example, if the directors call at the rate of Rs. 60…
SOLUTION It is that part of issued Capital which is subscribed for by the public.