Power of Limited companies to alter its share capital

Introduction Section 61 of Companies Act, 2013, has laid down the power of limited company to alter its share capital. Section 61 came into existence on 1st April 2014 excluding the proviso of sub-section 1 and the proviso was implemented on 1st June 2016. Limited company refers to a company in which the liability of members of that…

PROFILE OF SECURITIES MARKET

Security means ownership or debt, it represents an investment to make profit. SEC  [ security and exchange commission] defines the term security in detail. Types of securities are equity, debt, derivatives. Equity It represents the ownership. Stocks fall within this category. Advantage of equity is, it get higher returns than the other securities. Disadvantages in…

SCHEME OF MERGER UNDER FEMA

INTRODUTION:                             Foreign exchange management act is formed to regulate the foreign exchange in India. It is a set of regulations that empowers the Reserve Bank of India to pass regulations and enables the Government of India to pass rules relating to foreign exchange in tune with the foreign trade policy of India. WHAT IS…

What is the meaning of Import

Foreign trade involves the import and export of goods. Imports, exports, and the foreign trade balance are all included in the term “foreign trade,” which is stated differently for commodities and services. As abstracts of products and services, the total imports, exports, and balance of international trade are presented. As a result, money from the…