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WELCOME Capital Raising & Deposits – Companies ACT, 2013 Presentation by CS. Prashant Jain R&A Associates. 6 th June, 2014. Kinds of Share Capital (sec. 43). Voting Rights & Variation Of Rights (sec. 47). Equity with differential rights (sec. 43). Continued….
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WELCOME Capital Raising & Deposits – Companies ACT, 2013 Presentation by CS. Prashant Jain R&A Associates 6th June, 2014
Kinds of Issues of share capital (sec. 62, 42, 63, 54, 23 etc.)
key points… Max allotment to 200 number of Investors (excl. QIBs & ESOP) in one FY Cash Payment prohibited Allotment to be made within 60 days, else refund @ 12% interest p.a. Share application money to be kept in Separate Account
Comparative analysis Companies Act, 1956 Companies Act, 2013
Deposits – sec’s 73-76 read with (Acceptance of Deposits Rules by Companies)
Thank You Every new beginning comes from some other beginning’s end Every new beginning comes from some other beginning’s end