Under the Companies Act, the minimum subscription refers to the minimum amount of capital that must be raised by a company through the issuance of shares before it can proceed with the allotment of those shares. This amount is typically specified in the company's prospectus and must be subscribed and paid for by the public. The minimum subscription must be achieved within a specified period, usually within 120 days from the date of the issue of the prospectus. If the minimum subscription is not obtained, the company must refund the application money to the applicants.
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What is Depreciation on Tubular Battery under Company Act
There are a lot of companies listed under this act. You will be able to find this list doing an online search.
To the registrar of companies and have to file the required documents as per the act
I know one company which is registered under sec-25 of the companies act 1956, its Bhartiya Micro Credit
Yes, the Minimum Wages Act applies to the BPO (Business Process Outsourcing) industry in India. BPO companies are considered establishments under the Act, which mandates that they pay their employees at least the minimum wage set by the respective state government. Compliance with minimum wage regulations ensures fair compensation for workers in the BPO sector, aligning with labor laws aimed at protecting employee rights.
discuss the role and responsibilities of company directors and auditors under the companies Act in Malaysia
Ye
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Any Body Cooperate registered under Indian Companies Act. 1956.
There was no established minimum wage in 1913. The federal minimum wage was established in 1938 under the Fair Labor Standards Act.
No, Capital reserves cannot be part of free reserves under S372A of Companies Act 1956.