TMI BlogFINANCIAL STRUCTURE AND MEMBERSHIP - I - CONCEPT OF CAPITAL AND FINANCING OF COMPANIES.X X X X Extracts X X X X X X X X Extracts X X X X ..... is expressed or implied [ Section 2(46) ] Company Limited by shares issue two classes of shares ( Section 86 ) Preference Share Capital ( Section 85[1] ) i) Participating and Non participating ii) Cumulative and Non cumulative iii) Redeemable and Non Redeemable 2. Equity Shar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hould accept a minimum underwriting obligation of 5 % of the total underwriting commitment or Rs. 25 Lakhs whichever is less. Minimum Offer to Public Public issue of Unlisted Company at least 10% or 25% of the post issue capital Issue to be made fully Paid up Entire subscription money is called within 12 Months from the date of allotment unless the size is more than Rs. 500 Crore ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Section 79 Further issue of shares Right Issue of Shares - Section 81 - Any time after expiry of two Years from the Incorporation or one year from first allotment Employees Stock Option Scheme Section 2 (15A) Option given to Whole Time Directors, Officers or Employees of a company, which gives right/benefit to purchase at future date at pre-determined price. Alteration ..... X X X X Extracts X X X X X X X X Extracts X X X X
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