Quick Reference to
" Issue of Sweat Equity Shares " :-Legal Provision:-Section 2(88), 54 of Companies Act, 2013.
Rule 8 of Companies ( Share Capital and Debentures) Rules, 2014.
Companies (Share Capital and Debentures) Third Amendment Rules, 2016 - 19th July , 2016 .Points:-1. Sweat Equity Shares are issued by Company to its Director or employees.2. It is issued at Discount for consideration other than cash.3. Those shares are issued for providing their Know-how o…
Meaning, Nature and Scope of Public FinancePublic financeMeaning and Definition of Public Finance: Public finance is a study of income and expenditure or receipt and payment of government. It deals the income raised through revenue and expenditure spend on the activities of the community and the terms ‘finance’ is money resource i.e. coins. But public is collected name for individual within an administrative territory and finance. On the other hand, it refers to income and e…
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Smart Tips to clear CA course
Dear friends,Is CA course is tough or difficult to clear? Answer is a big No.Then you may rise a question regarding why a lower passing out ratio?Is there any pre determined pass out ratio?Reason for low pass out ratioPass mark for individual paper is just 40 marks but the aggregate for a particular group shall be 50%. I hope every student must know this is the benchmark of ICAI. Many stud…
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