share capital

The expression ‘Sweat Equity Shares’ means equity shares issued by the company to employees or directors at a discount or for consideration other than cash for providing know-how or making available right in the nature of intellectual property rights or value additions, by whatever name called. The companies will be ...

The capital of a joint stock company is divided into shares and called ‘Share Capital’. The share capital may be classified as below: (1) Nominal: This is the amount of the capital which is stated in Memorandum of Association and with which the company is registered. Nominal capital is the maximum ...

The undistributed profits, after the necessary provisions for taxation, are the property of the equity shareholders and the company for distribution as dividends to them may use the same. But the sound financial policy demands that some of the profits at least must be ploughed back into the business. Thus when ...