Question: State in what way does the Companies Act, 2013 regulate and restrict the following in respect of a company going for public issue of

State in what way does the Companies Act, 2013 regulate and restrict

State in what way does the Companies Act, 2013 regulate and restrict the following in respect of a company going for public issue of shares: (1) Minimum Subscription, and ii) Application Money payable on shares being issued?

Step by Step Solution

★★★★★

3.39 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Corporate Finance Questions!

In what way does the patent system help society solve an externality problem?

In what way does the tax law give preferential treatment to the divorced spouse with custody of the children?

In what way does the public-key encrypted message hash provide a better digital signature than the public-key encrypted message?

In what way does the state argue that morality supports its prosecution?

1. What advantages and disadvantages arise for firms that chose to employ the Swedish system of special reserves? 2. What are the potential benefits of the system of special reserves to the Swedish...

Many businesses now maintain both an online presence and a bricks and mortar physical presence. List a few companies that offer their products or services both online and in physical stores. How do...

Use vector diagrams, similar to those of Fig. 4.25 on page 65, to show what happens during the spin echo sequence 90(x) - - 180(y) - - Also, draw up a phase evolution diagram appropriate for this...

Located in Southeast Asia, the Socialist Republic of Vietnam is bordered to the north by the People's Republic of China, to the west by Laos and Cambodia, and to the east and south by the South China...

In what way does the state of Wisconsin, by providing the lands occupied by state parks, make implicit grants even though the government transmits few payments explicitly?

Africas movers and shakers sipped fruit cocktails on Wednesday in the glitzy Ritz Four Seasons hotel in Lisbon as they celebrated a homegrown business success story. The man they came to honour was...

As your organization considers international expansion, one important decision it faces is how to modify its organization structure to accommodate internationalization. You have been asked to...

Answer questions a-e. a. What is the equation of exchange? b. In the equation of exchange, if V doubled, what would happen to nominal GDP as a result? c. In the equation of exchange, if V doubled and...

Answer true or false to the following statements: 1. If a sample is very large, it need not be randomly selected. 2. If a population is randomly arranged, a sample obtained by selecting every tenth...

1. Jennifer Pontesso, from Lincoln, Nebraska, wants to better understand her financial situation. Use the following balance sheet and cash flow statement information to determine her net worth and...

The goal of marketing is to both __________ the needs of prospective customers. a. Establish and assure b. Persuade and deliver c. Improve and perfect d. Discover and satisfy e. Create and amplify

Identify five elements of American political culture. Explain how these values shape/influence our political and economic behavior? What are the main sources of these values, i.e. where do these...

A man from British Columbia, Aaron, recently sued Gillette, alleging that he was injured by a defective razor. He stated that the razor handle snapped as he was shaving his face, which injured his...

According to Day One Executive Chapter 5, building your decision intelligence (being able to decide earlier, faster, and with greater conviction) has very little correlation on your value to an...

Review the attached case and answer the questions.Thanks:) 1. Does the opinion suggest that a hotel may charge any rate it wants to? 2. Since hotels are considered public accommodations, are they...

Required information The following information applies to the questions displayed below) Calvin reviewed his canceled checks and receipts this year (2021) for charitable contributions, which included...

Calvin reviewed his canceled checks and receipts this year (2021) for charitable contributions, which included an antique painting and IBM stock. He has owned the IBM stock and the painting since...

exhibit 9_1 exhibit 9_2 exhibit 9_2 I hope this time all pictures are clear BUSINESS DECISION: TAKE HOME PAY You are the payroll manager for the Canyon Ridge Resort. Mark Kelsch, the marketing...

Assignment 7.1: Adoption Objectives Identify the types of adoption Describe the process of adoption Summarize the rights of parents in the adoption context Describe the nature and purpose of putative...

In order to see the full solution (i.e., the sequence of moves from the initial state to the goal state), we need to add a method to the State class that will follow predecessor references back up...