Sudhag

Please tell me the applicability of Delhi high court decision in Mumbai.

Regards,
Sudha


Gaurav Garg

FRIENDS,

MY QUERY IS GIVEN AS BELOW:

A COMPANY RAISED IN JUNE 2007 USD 50 MILLION THROUGH FCCB REPAYABLE ON OR BEFORE JUNE 2012 BY-

I) ISSUE OF EQUITY SHARES OF RS 10 EACH @ RS. 1,000, OR

II) PAYMENT OF CASH AT A PREMIUM OF 45%.

IN OCT 2008 COMPANY'S SHARE WAS TRADING AT RS. 325 EACH IN BSE.

COMPANY DECIDES TO REDEEM FCCB WORTH USD 25 MILLION BY ISSUE OF EQUITY SHARES AS IT'S FACING LIQUIDITY CRUNCH.

TO GIVE EFFECT TO ABOVE SCHEME COMPANY BUY BACK 12,50,000 SHARES @ RS. 350 EACH.
AFTER BUY BACK IT REDEEMS FCCB OF USD 25 MILLION BY ISSUING THE 25,000 SHARES @ RS. 1000 EACH TO FCCB HOLDERS.

NOW WHAT WILL BE THE ENTRIES IN THE BOOKS FOR THE BUY BACK OF SHARES & REDEMPTION OF FCCB. ?

PLEASE ANSWER IN ELABORATIVE MANNER.


Sudhag

Please tell the applicability of Delhi high court decision in Mumbai.


Ankit
23 April 2009 at 17:39

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Can I take the transfer according to the new notification and do I have to show the Parents Job Transfer even when my father is a businessman?

Please let me guide about it.


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23 April 2009 at 17:31

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i want to know about the defination capital and input breifly.

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23 April 2009 at 17:31

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23 April 2009 at 17:30

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23 April 2009 at 17:29

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23 April 2009 at 17:24

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We filed challan wrongly as non comapany instead of comapny

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Sirs,

Whether any TDS is to be deducted from payments made to Trainees on account of Section 192 or any other sections under TDS?

Please advice






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