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Global Sourcing Funds for Indian Companies | Finance | Accounting

In this article we will discuss about the global sourcing funds for Indian companies. FIIs have participated in the equity of Indian companies. Foreign Investment through ADRs/GDRs, Foreign Currency Convertible Bonds (FCCBs) is treated as Foreign Direct Investment. Indian companies are allowed to raise equity capital in the international market through the issue of GDR/ADRs/FCCBs. These are not subject to [...]

By |2017-05-16T19:21:38+00:00May 16, 2017|Companies|Comments Off on Global Sourcing Funds for Indian Companies | Finance | Accounting

Private and Public Company: Difference | India | Accounting

The upcoming discussion will update you about the differences between private and public company. Difference # Private Company: 1. The minimum number of members required to form a company is two. 2. The maximum number of members must not exceed fifty. 3. It must have two directors. 4. Shares are not freely transferable. 5. It can commence business as soon [...]

By |2017-02-06T20:59:01+00:00February 6, 2017|Companies|Comments Off on Private and Public Company: Difference | India | Accounting

Remuneration Payable to Managerial Personnel | Accounting

Remuneration payable to different categories of managerial personnel is as follows:- 1. Manager 2. Managing Director 3. Whole-Time Director 4. Director. 1. Manager: Manager means a person who has got the control of the whole or substantially the whole of the affairs of a company. There can be only one manager in a company and such manager cannot be paid [...]

By |2017-02-06T20:58:59+00:00February 6, 2017|Employee Remuneration|Comments Off on Remuneration Payable to Managerial Personnel | Accounting
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