Accounting Basics

Capitalisation: Capitalisation of profits is the process of converting profits or reserves into paid up…

Where at any time, a company having a share capital proposes to increase its subscribed…

Follow on public offer (FPO) An issuance of stock following a company’s Initial Public Offer…

(1) No allotment of any securities of a company offered to the public for subscription…

(1) If the stated minimum amount has not been subscribed and the sum payable on…

(1) No form of application for the purchase of any of the securities of a…

(1) Where any notice, advertisement or other official publication, or any business letter, billhead or…

No trading concern can run without capital. The divisions of share capital are: (i)                Nominal or…

Every company is required to keep at its registered office books of account. These books…

Statutory books are those which a limited company is under statutory obligation to maintain at…