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A CONVERTED DEBENTURE into share REPRESENTS debentures STOCK.

A converted debenture into share represents debentures stock.

Company will refund these applications ALONG with their APPLICATION MONEY to applicants.

Company will refund these applications along with their application money to applicants.

If a COMPANY receives less applications for ISSUE capital, this SITUATION represents under SUBSCRIPTION.

If a company receives less applications for issue capital, this situation represents under subscription.

BANK a/cTo DEBENTURES a/c.

Bank a/cTo Debentures a/c.

VENDORS a/cTo DEBENTURES a/c.

Vendors a/cTo Debentures a/c.

DISCOUNT on ISSUE of DEBENTURES a/cTo Debentures a/c.

Discount on issue of debentures a/cTo Debentures a/c.

BANK a/cTo DEBENTURES a/c To DEBENTURE PREMIUM a/c.

Bank a/cTo Debentures a/c To Debenture Premium a/c.

BANK a/cTo DEBENTURES a/c

Bank a/cTo Debentures a/c

The debentures in which NAME of their holders are REGISTERED in the BOOKS of a company are called registered debentures.

The debentures in which name of their holders are registered in the books of a company are called registered debentures.

The DEBENTURES which are PAYABLE to BEARER are CALLED bearer debentures.

The debentures which are payable to bearer are called bearer debentures.

1. BEARER DEBENTURES
2. REGISTERED Debentures

DEBENTURES which cannot be CONVERTED into shares during the life of a company are called NON convertible debentures.

Debentures which cannot be converted into shares during the life of a company are called Non convertible debentures.

DEBENTURES which can be converted into shares after FULFILLMENT of CERTAIN conditions are CALLED CONVERTIBLE Debentures.

Debentures which can be converted into shares after fulfillment of certain conditions are called convertible Debentures.

1. CONVERTIBLE DEBENTURES.
2. NON Convertible debentures.

DEBENTURES which are not redeemed during the life of a COMPANY are called irredeemable debentures.

Debentures which are not redeemed during the life of a company are called irredeemable debentures.

DEBENTURES which are redeemed to company by debenture HOLDERS after a specified period of time against PAYMENT are called Redeemable Debentures.

debentures which are redeemed to company by debenture holders after a specified period of time against payment are called Redeemable Debentures.

1. REDEEMABLE DEBENTURES
2. IRREDEEMABLE debentures

DEBENTURES which are SECURED against the CHARGE on assets of company are called MORTGAGE Debentures.

Debentures which are secured against the charge on assets of company are called mortgage Debentures.

Debentures which are secured against the charge on assets of COMPANY are CALLED MORTGAGE Debentures.

Debentures which are secured against the charge on assets of company are called mortgage Debentures.

1. NAKED DEBENTURES
2. MORTGAGE debentures.

Share PREMIUM a/c or reserves a/cTo DISCOUNT on ISSUE of SHARES a/c.

Share Premium a/c or reserves a/cTo discount on issue of shares a/c.

VENDORS a/c To SHARE CAPITAL a/c

Vendors a/c To Share capital a/c

If the SHARE is issued at a price below the NOMINAL value of face value of shares.

For EXAMPLE share of Rs. 10 is issued at Rs. 9.

If the share is issued at a price below the nominal value of face value of shares.

For example share of Rs. 10 is issued at Rs. 9.

If the share is issued at a price above than its NOMINAL value such issued price is CALLED at premium, for example, share of RS. 10 is issued at Rs. 15.

If the share is issued at a price above than its nominal value such issued price is called at premium, for example, share of Rs. 10 is issued at Rs. 15.

If the share is ISSUED at ACTUAL price it means at price equal to the nominal VALUE for EXAMPLE share of Rs. 10 is issued at Rs. 10.

If the share is issued at actual price it means at price equal to the nominal value for example share of Rs. 10 is issued at Rs. 10.

SHARE APPLICATIONS a/Discount on ISSUE of SHARES a/c To Share CAPITAL a/c.

Share applications a/Discount on issue of shares a/c To Share capital a/c.

Share APPLICATION a/cTo Share capital a/c To PREMIUM on issue of SHARES a/c.

Share application a/cTo Share capital a/c To Premium on issue of shares a/c.

SHARE APPLICATION s a/cTo share CAPITAL a/c

Share application s a/cTo share capital a/c

1. At PAR
2. At PREMIUM
3. At DISCOUNT

SHARE APPLICATIONS a/cTo BANK a/c

Share applications a/cTo Bank a/c

BANK a/cTo SHARE APPLICATIONS A/c

Bank a/cTo Share applications A/c

Those shares of a COMPANY on which fixed RATE of DIVIDEND is PAID before ordinary shares.

Those shares of a company on which fixed rate of dividend is paid before ordinary shares.

• ORDINARY SHARES
• PREFERENCE shares.

The amount fixed by the Directors and mentioned in the ARTICLES of ASSOCIATION and prospectus which must be subscribed by the PUBLIC before allotment of SHARES is CALLED minimum subscription.

The amount fixed by the Directors and mentioned in the Articles of Association and prospectus which must be subscribed by the public before allotment of shares is called minimum subscription.

A COMMISSION which is PAID to UNDERWRITERS is CALLED UNDERWRITING commission.

A commission which is paid to underwriters is called underwriting commission.

A person (INSTITUTION) who promises to promoters to buy the remaining SHARES of a company that are not bought by general public is CALLED underwriter.

A person (Institution) who promises to promoters to buy the remaining shares of a company that are not bought by general public is called underwriter.

A profit of a company which is distributed AMONG shareholders is called DIVIDEND.

A profit of a company which is distributed among shareholders is called dividend.

Documents of title of a SHARE held in a company by the SHAREHOLDER is CALLED share CERTIFICATE.

Documents of title of a share held in a company by the shareholder is called share certificate.

An authorized capital of a company is divided into equal units which are CALLED shares A single unit is called SHARE.Or A CERTIFICATE issued by the company against some subscription which gives the right and PROFIT to its holder is called share.

An authorized capital of a company is divided into equal units which are called shares A single unit is called share.Or A certificate issued by the company against some subscription which gives the right and profit to its holder is called share.

Amount of CAPITAL which is subscribed by PEOPLE against issued capital is called PAID up capital.

Amount of capital which is subscribed by people against issued capital is called paid up capital.

A part of AUTHORIZED CAPITAL for which people are invited to PURCHASE the SHARES is CALLED issued capital.

A part of authorized capital for which people are invited to purchase the shares is called issued capital.

The AMOUNT INVESTED by the shareholders in a COMPANY is CALLED capital.

The amount invested by the shareholders in a company is called capital.

If a Public company cannot deposit prospectus due to certain REASONS in the registrar OFFICE, for time being a statement like prospectus DEPOSITED in registrar office, is CALLED statement in LIEU of prospectus.

If a Public company cannot deposit prospectus due to certain reasons in the registrar office, for time being a statement like prospectus deposited in registrar office, is called statement in lieu of prospectus.

A DOCUMENT PUBLISHED by the PROMOTERS after the formation of a COMPANY to invite the public to buy shares of the company is called PROSPECTUS.

A document published by the promoters after the formation of a company to invite the public to buy shares of the company is called prospectus.

1. It cannot TRANSFER its SHARES.
2. RESTRICTED NUMBER of SHAREHOLDERS.

A company which is INCORPORATED under company ordinance 1984 called REGISTERED company.

1. UNLIMITED company
2. Company LIMITED by shares.

A company which is incorporated under company ordinance 1984 called registered company.

A COMPANY in which the liability of its shareholders is limited to the EXTENT of value of their SHARES is CALLED company limited by shares.

A company in which the liability of its shareholders is limited to the extent of value of their shares is called company limited by shares.

A Company in which each shareholder PROVIDES a guarantee to contribute a SPECIFIED amount to company in the RESULT of its being WOUND up due to certain CIRCUMSTANCES.

A Company in which each shareholder provides a guarantee to contribute a specified amount to company in the result of its being wound up due to certain circumstances.

A COMPANY in which the LIABILITY of its SHAREHOLDERS is UNLIMITED CALLED unlimited company.

A company in which the liability of its shareholders is unlimited called unlimited company.

A public COMPANY can ISSUE PROSPECTORS to invite public for purchase of SHARES while private company cannot issue prospectus.

A public company can issue prospectors to invite public for purchase of shares while private company cannot issue prospectus.