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 [...]
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 [...]
In this article we will discuss about the accounting provisions regarding inter-company stocks, explained with the help of illustrations. Inter-Company Owings generally arise because of purchases and sales that are made before the amalgamation or absorption. When the vendor company has purchased goods from purchasing company it is possible that some of which remains unsold at the time of merger. [...]