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What else can I help you with?
Why Ordinary shares as a source of finance?
Well........... Unlike other forms of shares the actual dividends that are paid on ordinary shares will rely on the size of the profit actually made by the company and then the share price can go up or down, and depending on this price depends on how much shareholder gets when he/she sells their shares.
Is share premium is part of paid up capital?
No, share value at par is considered while calculating paid up capital.
What is the difference between shareholder's wealth maximization and shareholder's profit maximization?
Wealth is the accumulation of profit so it might seem that the two are maximized in the same way. But there are differences. Some examples:- Profit may be taxed. So wealth is maximized by maximizing the net of profit minus tax impacts which may occur in the future.- Increased value of an investment would add to wealth but would not show up as profit until the investment is sold.-Wealth may be obtained in ways other than profit. Receiving a gift or buying something for less than its real value may add to wealth but are not profit.-Stock buy-backs by a company produce no profit but increase stockholder wealth by driving up the value per share held.
Ownership and management of Canam Credit Company?
The company was founded by James White in July 2006. It has 300 shareholders. James left the company in March 2008 as Director and April as it's CEO however remained on as a Managing Shareholder. He gave his majority share holder interest up of 12,450,000 shares to Yves Philidor Jr. December 18th 2008 along with 10,000 cash to take the company over and help pay for his salary while he was suppose to be restructuring the company Supplementary evidence supports the transition of all assets to Texcan Capital, another company where James T White was the majority shareholder took place, and then the transaction was canceled due to Yves leaving the company. Michal Richmond was promoted in March and was the President & CEO until December 5th 2008 when he resigned, Canam ceased to exist shortly after. Yves Philidor Jr took the $10,000.00 given to him and then attempted to reverse the transaction of ownership but was later sued by James is small claims court where he was awarded the $10,000.00 back because Yves did not fulfill his commitments as outlined by James. Yves resigned shortly after the transaction took place. Either James, or Yves depending on who you believe are still the majority shareholder to this date. Since neither will confirm ownership its effectively dissolved, however Yves did take the $10,000.00 and he "attempted to reverse the transaction", and James did win against him in the Courts. Lastly, after digging at the corporate registries office, the records indicate that James is still both a majority and a minority shareholder however this is the responsibility of the company to take him off and update the corporate records.
What is the procedure for issue of bonus share adopted by a company?
Conditions for issue of bonus shares :For making an issue of bonus shares, the following conditions must be complied with:(1) Sufficient undistributed profits must be there.(2) Articles must permit such an issue.(3) Suitable resolution by the Board of Directors must be passed.(4) Formal approval of the shareholders in a general meeting must be secured.(5) Permission of the 'Controller of Capital Issues' must be obtained under the Capital Issues Control Act, 1947, regardless of the amount involved. There is no lower exemption limit in case of bonus share because care is taken to see that the company does not get over-capitalised in the process, and that the issue satisfies the guide­lines prescribed by the Government in that regard. It is worth noting here that the said permission is required to be obtained by every company whatsoever-private company, banking and insurance com­pany, government company and public company.Procedure on Issue of Bonus Shares :The secretarial procedure followed in the issueof bonus shares may briefly be stated as follows :(1) To ensure that Articles permit the issue of bonus shares. If not, the Articles should be suitably amended.(2) To ensure that the bonus issue is within the limits of authorized share capital of the company. If not, memorandum and articles have to be suitably amended.(3) To convene a meeting of the Board of Directors:to consider the proposal for 'Bonus Issue' and the proportion in which the same should be issued.to fix up the date, time, place and agenda of the extra-ordinary general meeting to be convened for securing the approval of the shareholders.to approve the date of closing the Register of Members and transfer books.(4) If the company's shares are listed on a Stock Exchange, to notify the Exchange of the date of the Board meeting which will consider the issue of bonus shares and further to notify the Exchange of the decision in that regard immediately after a formal decision has been taken.(5) To issue notices to members relating to the aforesaid general meeting along with the explanatory statement.(6) To pass a resolution in the general meeting, as per Articles. If it is a special resolution a copy thereof to be filed with the Registrar within 30 days.(7) To obtain the permission of the Controller of Capital Issues regardless of the amount involved.(8) To obtain the approval of stock exchange(s) for the procedure to be followed for allotment of bonus shares.(9) To obtain the approval of the Reserve Bank of India, under the foreign Exchange Regulation Act, 1973, for allotment of bonus shares to non-resident members, if any.(10) To prepare 'provisional allotment sheets' i.e., the lists of members showing their present shareholding and the number of bonus shares to which they are entitled.(11) To convene another Board meeting: (i) to approve the 'provi­sional allotment sheets' and to pass an allotment resolution, and (ii) to approve the date of closing the Register of Members and transfer books.(12) To give a public notice in some leading newspaper regarding the closure of Register of Members and transfer books for the purpose of issue of bonus shares. (A specimen of such a notice is given at the end of this chapter)(13) To issue Allotment Letters to the members along with a circular-explaining how the allotment has been made.(14) To file with the Registrar within 30 days of allotment a 'Return of Allotment' stating: (i) the number and nominal amount of the bonus shares so allotted; (ii) names, addresses and occupations of the allottees; and (iii) a copy of the resolution authorising the issue of such shares [Sec. 75(1) (c)(i)].(15) To make necessary entries in the Register of Members.(16) To prepare and issue new share certificates.
What is mandatory share offer?
A mandatory share offer is a type of offer that a shareholder makes to buy up all remaining shares in a company. When more shares are sold to the public than are left with company officials, a share holder can buy remaining shares to take control of the company.
What is offered shares?
A mandatory share offer is a type of offer that a shareholder makes to buy up all remaining shares in a company. When more shares are sold to the public than are left with company officials, a share holder can buy remaining shares to take control of the company.
What rights does a stock holder in a publicly traded company have in requesting that the company for example be responsive to share holders requesting timely up dates on the company's progress?
Contact shareholder's relations dept.
How does share value decrease?
When there are lots of buyers, share prices go up, but when buyers sell their share, and there are no other buyers, share prices take a massive drop, i.e. this economic downfall
How do I account for inventory that comes directly from a Shareholder - I have set up a shareholder inventory account but do not know what the other side of the entry should be. This is a corporation?
It depends. What is the shareholder getting in return? Is payment expected? Is stock being issue? The specific inventory asset probably doesn't need to be identified separately as shareholder inventory. If there is no stock or repayment expected then it should probably go to the Equity Account "Paid in Capital". But, this is a good question to ask your CPA.
What is unpaid capital?
Unpaid share capital is where none of the monies due for an allotment of shares which have been issued has been paid.There is no requirement, unless specified in the company's memorandum and articles of association, for share capital to be paid up. The only exception to this is where a company is being dissolved. Although the shareholders might enjoy limited liability protection, their obligation to pay for the shares which have been issued to them is not diminished.Unpaid share capital is capital that has been subscribed but for which no capital call has yet been issued.
How many people can you have on a sprint family plan?
Five . Also if you want to know that how 'bout you get a life and look on the sprint website.
Why Ordinary shares as a source of finance?
Well........... Unlike other forms of shares the actual dividends that are paid on ordinary shares will rely on the size of the profit actually made by the company and then the share price can go up or down, and depending on this price depends on how much shareholder gets when he/she sells their shares.
When do you get the exp share in SoulSilver?
After catching or defeating the red Gyrados at the Lake of Rage, pick up the red scale left behind and take it to Mr. Pokemon, who will trade it for the Exp. Share.
Re murph's restaurant Ltd?
Re Murph's Restaurant [1979] ILRM 141Oppression need not be suffered in one's capacity as a member to fall under section 205.3 shareholder-directors ran a restaurant together.They had years of experience running restaurants and had worked together prior to forming this co.The Co was run on a very informal basis.2 of the shareholder-directors fel out with the third and removed him from the co.The third shareholder-director sought to have the company wound up on the grounds that he had been treated oppressively or unfairly.The court held that the removal of the shareholder director repudiated a relationship that was based on mutual trust and confidence and was much more of a partnership than a co.The judge, Gannon J, felt it was "just and equitable" to lift the corporate veil and wind up the co.Since in many small private companies the appointmen as director may have been as much an inticement to him to make his investment as the allotment of shares to him, it would seem reasonable to treat his removal as director as being capable in certain circumstances as constituting oppressive conduct.
Where do you get an exp brace in HeartGold?
If you mean an Exp. Share then you go to mr. Pokemon's house at Rt. with the red scale you should have picked up after battling gyrados. He will take it in return for an Exp. Share
What does bandwidth exceeded on Photobucket mean?
It means that your photos have been viewed or downloaded too many times. You are limited to a certain amount of data transfer per month, and when you have used up this allotment, you get the error you mentioned. I'm sure you can pay to upgrade your account and get a higher allotment of monthly data transfer.
