Dear All,
Section 46 read with the Companies (Share Capital and Debentures) Rules, 2014 requires passing of Board Resolution for issuance of share certificates. Under the Companies Act, 1956 such power could be delegated to a Committee of the Board. Companies Act, 2013 is silent on this issue.
Hi Everyone!
Whether the percentage of foreign investment should be calculated at the time of issuance of Employee Stock Options (ESOP) or vesting stage or exercising stage?
Can any one guide whether FLA is required to be filed in case of issuance of convertible notes to a foreign shareholder?
CN holder doesn't hold any equity share. He has invested only in CN on non-repatriation basis.
Can any one guide whether FLA is required to be filed in case of issuance of convertible notes to a foreign shareholder?
Dear Folks,
This is with reference to FEMA compounding due to the non-issuance of FIRC by the intermediary AD.
Initially, the FDI amount came to an AD bank which was further remitted to the investment account managed by the invest company with another scheduled bank. The first AD Bank denied the FIRC on the ground that the mode of remittance of FDI is not allowed under their exchange house, hence, they would not be able to issue to FIRC. However, note that the FDI is completely in compliance of the FEMA (Non-Debt) Rules.
The company wants to file the compounding application with RBI for non-filing the FC-GPR, and non-reporting, and non-issuance of FIRC. Please confirm if the same is viable or not.
Dear CC Members,
If any unlisted private company wants to issue debentures to raise money, then how much can be issued without the permission of the SEBI?
Please guide.
spice form filed on 09.10.2020. From 12.10.2020 the status is pending for issuance of PAN/TAN. Ticket has been booked. What will be the reason.
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Dear friends,
Can anyone provide me detailed working note and briefing about the issuance of debentures and preference shares, if anyone has worked on it
1. Issue of debentures against an unsecured loan
2. Issue of debentures for fresh real estate project
Etc
And if any of my friends have done conversion of loan into equity
Hello members,
Can anyone provide me Board Resolution for Issuance of Duplicate Share Certificate as per Companies Act, 2013
Dear members,
Is it mandatory for private company to issue new shares only in demat form?
Please suggest..
Dear Members
I have submitted the Form FC-GPR vide No. FCGPR091931953 but its got rejected stating the REMARK: Face value of underlying equity shares to be entered in particulars of issue.
Now my concern is that the Company had issued the CCD of Rs. 1000 each and now I have to enter the face value of Equity share which is Rs. 1 only or I have to enter the figure based on the valuation report which I am attaching on the portal i.e. Face Vale Rs. 1 and premium Rs. 026 in the Particulars of Issue column