call on shares companies act

call on shares under companies act

Rules about Payment of Call Money on Shares

1. The Board of Directors have Authotity to make calls on Shares by Resolution passed at the Board Meeting.

2. The application amount payable on each share must be minimum of 5% of Nominal Amount of Share.

3. The 14 days notice is required to be send by the Company to its members for each call.

4. The Gap/ Interval of 1 month is required between Two Calls.

5. Not More than 25% of Nominal Value of Shares can be called at one time.

6. A member can pay call money in advance , even if no part of that amount has been called up.

7. The Directors of the Company has power to Postpone a call once it’s made.

8. The Directors of the Company has power to Revoke a call once it’s made.

9. The members is liable to pay interest if he is fail to pay call money.

10. The AOA of the Company may have separate rules regarding Payment of Call money.

list of labour laws applicability on manufacturing units

CA inter new syllabus 2018

CA inter new syllabus

CA inter new syllabus 2018

CA inter new syllabus applicable from may 2018. CA inter contain 2 groups.

CA inter 1st Group Syllabus

Paper 1: Accounting (100 Marks)
Paper 2: Corporate Laws & Other Laws (100 Marks)
Part I: Company Laws (60 Marks)
Part II: Other Laws (40 Marks)
Paper 3: Cost and Management Accounting (100 Marks)
Paper 4: Taxation (100 Marks)
Section A: Income Tax Law (60 Marks)
Section B: Indirect Taxes (40 Marks)

CA inter 2nd Group Syllabus

 

Paper 5: Advanced Accounting (100 Marks)
Paper 6: Auditing and Assurance (100 Marks)
Paper 7: Enterprise Information Systems & Strategic Management (100 Marks)
Section A: Enterprise Information Systems (50 Marks)
Section B: Strategic Management (50 Marks)
Paper 8: Financial Management & Economics for Finance (100 Marks)
Section A: Financial Management (60 Marks). Section B: Economics for Finance (40 Marks)