Section 55 deals with issue and redemption of preference shares and we have already discussed it earlier here.
Rules 9 of the Companies (Share Capital and Debentures) Rules 2014 explain procedure for issue and redemption of preference shares supplemented by Rule 10 thereof.
Share capital of a company is all about financing for its operations. Company issues its share to raise capital. On allotted shares, company may receive all money against premium and face value of share in one go or in instalment. In present post, we will discuss; call on shares, unpaid share capital, dividend, share premium, shares at discount, sweet equity and preference shares.
Posted in Chapter IV - CA2013, Companies Act 2013, CorpGov, Governance and Responsibility
Tagged Bonus Issue, Bonus Shares, call on shares, Capital Redemption Reserve Account, Companies Bill 2012, Debentures, Discount in shares, ESOPS, India, issue of preference shares, Other Securities, Preference Shares, Preferential Allotment, Private Placement, Public Offer, redemption of preference shares, right issue, SEBI, Securities, Securities Premium Account, Share premiums, Shares and Securities, Sweat Equity, sweat equity shares, Tribunal, unpaid share capital
Writer of this blog, Aishwarya Mohan Gahrana is Practicing Company Secretary and Insolvency Professional working with M/s Aishwarya M Gahrana & Associates, a New Delhi based peer reviewed firm of company secretaries having pan India presence through friends and associates. This blog is a knowledge sharing initiative. Views expressed here is of writer; not of the organization(s) he is working with.
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