what rights issue do the shareholders of a company
Under Companies Act, 1956 what ‘rights issue’ do the shareholders of a company have?
Expert
The rights and duties of shareholders are stated from time-to-time of issue of shares. The rights of shareholders are fixed that cannot be changed unless the Companies Act gets tailored. Right issue that shareholders grasp of a company under Companies Act, 1956 are illustrated below:- i) Rights appended to shares of any class can be varied by the consent of shareholders holding not less than seventy% of issued shares. ii) Rights of Dissenting Shareholders: Protection by Companies Act is prearranged to the shareholders who does not consent to or vote for disparity of their rights. If there is any discrepancy in any rights of any class of shareholders then holders of not less than ten percent of shares of that class can apply to the court to have the disparity cancelled. It won't have any influence until it is been permitted by the court. iii) Voting rights of the members: - Every member of public company that has the shares holding equity has votes in percentages to his share in paid up equity capital. iv) Preference shareholders do not have any voting rights. They can vote only on subjects that are directly related to the rights appended to preference share capital.
Write down the number of day is right issue of shares kept open?
Write down the restrictions of Marginal Costing?
What do you understand by the term ‘Securities Market’? And also write down various kinds of securities market?
State briefly the reason that what is the requirement to make employees at database in the Siebel?
What are the points while choosing your university?
Provide a brief introduction of the term depreciation? Write down the causes of depreciation?
Give a brief introduction of the term ‘Overhead cost’? And also write down its various ways to classify it?
Describe the calculation process of cost of idle time?
Briefly describe the accrual basis of accounting by describing the principles involved.
Briefly describe the type of items that appear under the liability side of a balance sheet?
18,76,764
1945129 Asked
3,689
Active Tutors
1445129
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!