Right Issue
PKM Calicut (4 Points)
29 March 2020
As per the provisions of The Companies Act 2013 does the Right issue is mandatory for all companies?
PKM Calicut (4 Points)
29 March 2020
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 29 March 2020
No, the rights issue mandatory for all companies.
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 29 March 2020
In a public company, a rights issue is a form of public offering (different from most other types of public offering, where shares are issued to the general public). Sometimes Right issue can give privileges to people like director, employees those are having some ownership in company to buy the issues.
PKM Calicut
(4 Points)
Replied 29 March 2020
Anjali lakra
(473 Points)
Replied 02 April 2020
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
