As per SEBI guidelines on ESOPs, market price is defined as the latest available closing price, prior to the date of the
meeting of the Board of Directors in which options are granted/ shares are
issued, on the stock exchange on which the shares of the company are listed.

If the issue of grant of options is proposed thru circular resolution, what would be the date of meeting to be considered for the purposes of arriving at "market price". Is that date of proposal of circular resolution or date of approval of cicrcular resolution by majority of directors.

Dear Friends!

Kindly let me know if the current years profit can be used to issue Bonus Share in the case of private com.

If Yes! Please quote the relevant case laws/interprataion. If NO than also!

Regards

CA Aashish
caaashishupadhyay@gmail.com

Pls help.
What is the procedure(in full) for further issue (other than 1st subscription)and allotment of equity shares by a private limited company to it's existing share holders ?
What forms to be filled and what resolutions to be passed ?
What may be regarded as a conclusive proof of such issue and allotment ?
Pls help.
mail : surajvyas@yahoo.com

hello,

current year profit is called accumuleted profit? for issue of bonus share current year profit used by board of directors?

if company increased in autorised share capital than the explanatory statement u/s are required to annexed theirto

A Public (Unlisted) Company is alloting shares to its shareholders without any premium at a face value of Rs. 10 per share.At the same time the Company is also alloting the shares to a Private Company at a premium of Rs. 10 per share and at a face value is Rs. 10 per share.

My query is whether the allotment of shares to this Private Co. at premium will amount to preferential allotment or not??



Plz guide me.

Regards

Priya Sharma

A is a director in a limited company.

A is getting 'only' commission from the company.

Can we say that A is an Executive Director or a Non-Executive Director ?

(Is it that if a director gets remuneration by way of any kind shall be obviously considered as Non-Executive Director)

Experts' response awaited.

If a director of Public Co. is a member of Co-operative society also, whether section 299 will be applicable on him or not??

Dear All,

Please let me know the meaning of Associate Company. Is it covered under company law.

If a Director is common in two companies and holds less than 2% of the paid up share capital of either of the companies, then whether exemption under section 299(6) will be available or not?