TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 62 of Companies Act 2013: Rules for Issuing New Shares and Conversion of Debentures Explained</h1> Section 62 of the Companies Act, 2013, governs the further issue of share capital by companies. It mandates that additional shares be offered to existing equity shareholders in proportion to their paid-up capital, with a right to renounce in favor of others. The offer period ranges from 15 to 30 days. Shares can also be offered to employees under a stock option scheme or to other persons authorized by a special resolution. The section also addresses conversion of debentures or loans into shares, particularly when directed by the government in public interest, and outlines the appeal process and conditions for such conversions.
TaxTMI 
TaxTMI 
