The Companies Act

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The Companies Act Course Code: SEBICA[See All Videos]

Further issue of capital through bonus shares. Debentures

1 Hour 5 Min. By-Sahil Makkar 306 views Mark as watched
Companies Act-Phase (I & II) Share capital and debentures
Lecture Detail:

- Further issue of share capital (Right Shares)

- Issue of bonus shares.

- Notice to be given to Registrar for alteration of share capital.

- Unlimited company to provide for reserve share capital on conversion into limited company.

- Reduction of share capital.

- Restrictions on purchase by company or giving of loans by it for purchase of its shares.

- Power of company to purchase its own securities.

- Transfer of certain sums to capital redemption reserve account.

- Prohibition for buy-back in certain circumstances.

- Debentures.

- Power to nominate.

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