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.
Give a short introduction of the term ‘Absorption’? And also write down its various methods employed for deciding the rates of overhead absorption?
Specify the reason to choose the A-levels?
Briefly describe the term Material Cost?
Who make decisions on the denomination of shares in the public issue by a company?
Describe briefly payback period method for valuation of capital expenditure proposal?
Give a brief introduction of the term Deep discount bonds?
Explain the process of validations in the e-scripts and in the configuration?
Briefly describe the user account control in the windows vista?
Give a brief introduction of the term Repeated distribution method?
According to Income Tax Act, 1961what technique of depreciation calculation is employed to evaluate the tax liability?
18,76,764
1926552 Asked
3,689
Active Tutors
1429593
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!