Handbook on SHARE CAPITAL

Share this course:

Book Details

DETAILED CONTENTS

Bharat? 5
Preface 7
About the Author 9
Contents at a glance 11

CHAPTER 1

Significance of Share Capital

1. Types of Share Capital 2
2. Provisions Governing Share Capital 3
3. Impact of the Act 3
4. Private Placement 3
5. Right Issue 4
6. Bonus Issue of Shares 4
7. Issue of Sweat Equity Shares 4
8. Alteration of Share Capital 5
9. Variation in Shareholders Rights 5
10. Buyback of Securities 6
11. Forfeiture of Shares 7
12. Conclusion 7

CHAPTER 2

Private Placement

1. Introduction 8
2. Legal Framework governing Private Placement 8
  • (1) Companies Act, 2013
8
  • (2) SEBI Regulations
18
3. Procedure for preferential issue 34
4. Formats 43
5. Relevant Case Laws 76
6. Conclusion 85

CHAPTER 3

Rights Issue

1. Introduction 86
2. Benefits and Challenges 87
3. Legal Framework governing Rights Issue 88
4. Procedure for Implementation of Rights Issue under the Companies Act,2013 114
5. Formats 115
6. Conclusion 125

CHAPTER 4

Bonus Issue

1. Introduction 126
2. Purpose of Bonus Issue 126
3. Benefits and Challenges 127
4. Crucial distinctions to differentiate a bonus issue from dividends 128
5. Stock Split v Bonus Issue 129
6. Rights Issue v Bonus Issue 129
7. Legal Framework for Issue of Bonus Shares 130
8. Procedure 134
9. Impact and Implications of Bonus Issue 139
10. Formats 139
11. Conclusion 143

CHAPTER 5

Sweat Equity Shares

1. Introduction 144
2. Importance of Sweat Equity Shares 145
3. ESOPs v Sweat Equity 146
4. Legal Framework governing issue of Sweat Equity Shares 148
5. Procedure for issuance of sweat equity shares 155
6. Formats 156
7. Conclusion 158

CHAPTER 6

Alteration of Share Capital

1. Introduction 159
2. Methods of Alteration 159
3. Objectives of Alteration of Share Capital 160
4. Benefits and Challenges 160
5. Legal Framework governing Alteration of Share Capital 162
6. Procedures 167
7. Formats 169
8. Conclusion 176

CHAPTER 7

Variation in Shareholders’ Rights

1. Introduction 177
2. Types of Variation in Rights of the Shareholders 177
3. Benefits and Challenges 178
4. Legal Framework governing Variation of Shareholders' Rights 180
5. Dissenting Shareholders' Rights under Section 48 of the Companies Act,2013 181
6. Procedure for Implementation of Variation in Shareholders Right 182
7. Impacts of Variation in Shareholders Right on Shareholders 182
8. Formats 183

CHAPTER 8

Buyback of Securities

1. Introduction 186
2. Purpose and modes of Buyback 187
3. Benefits and Challenges of Buyback 188
4. Legal framework 189
5. Procedure for Buyback of Securities 202
6. Implication of Buyback 203
7. Formats 205
8. Conclusion 214

CHAPTER 9

Forfeiture of Shares

1. Introduction 215
2. Consequences of Share Forfeiture 216
3. Benefits and Challenges 217
4. Legal Framework 219
5. Enabling provision for Forfeiture of Shares in Articles of Association 220
6. Share Forfeiture Procedure 222
7. Formats 223
8. Conclusion 224

CHAPTER 10

Issue of Shares in Demat Form

1. Introduction 225
2. Benefits of Dematerialization 226
3. Challenges in Dematerialization 227
4. Regulatory Framework 228
5. Formats 231
6. Conclusion 239
Appendix 1 MCA Notifications 241
Appendix 2 Checklists and Formats – Stock Exchange 242
Appendix 3 Master Direction – Foreign Investment in India 307

About the Author

CS Manish Jain

Manish Jain? is a Practicing Company Secretary and a Fellow Member of ICSI, New Delhi and a Law Graduate, he is also a registered Insolvency Professional of Insolvency and Bankruptcy Board of India and an Associate Member of ICSA, London (UK). The author holds more than 25 years of experience in corporate laws, securities law compliance and consultancy services under the Foreign Exchange Management Act and Non- Banking Finance Companies. He is the author of Bharat�s Complete Guide on ESOP and has written various articles published in professional journals. He has a rich experience in interpretation of laws and a remarkable exposure in corporate law advisory to all types of Companies including Government Companies. With his exemplary skill of critical thinking, he has a good hand in resolving Corporate Governance issues and advising on various corporate and legal matters including conducting Secretarial Audits of various Companies comprising of listed entities as well. He provides consultancies in the field of winding up, merger, de-merger, listing & delisting of companies, oppression and mismanagement. He is also a regular speaker and active participant of National and International seminars conducted by the Institute of Company Secretaries of India and Institute of Charted Accountants of India.

View other books from International Taxation
Handbook on SHARE CAPITAL
Publisher: Bharat Law House
Pages: 368
Language: English
ISBN: 9788197469107
675 Price : ₹ 795
Save ₹120 (15% OFF)
Add to Cart

Have Questions About This Book?

Our course advisors are here to help you make the right decision for your career growth.

Join Us !!

List your Books

Share your knowledge and help shape the next generation of tech-savvy CA & Tax professionals while building a rewarding career in education.

Get Started