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● Statement 1 is correct: Sweat equity is a nonmonetary contribution that the individuals or founders of a company make towards the company. Cash-strapped startups and business owners typically use sweat equity to fund their companies. ● Statement 2 is incorrect: The maximum yearly limit of sweat equity shares that can be issued by a listed company has been prescribed at 15% of the existing paid-up equity share capital or shares of the value of Rs 5 crore, whichever is higher. The issuance shall not exceed 25% of the paid-up capital at any time. In case of companies listed on the Innovators Growth Platform (IGP), the yearly limit will be 15% and overall limit will be 50% of the paid-up capital at any time. It will be applicable for 10 years from the date of the company’s incorporation. ● Statement 3 is incorrect: Companies will now be allowed to provide share-based employee benefits to employees, who are exclusively working for such a company or any of its group companies including a subsidiary or an associate.
The respective ratio of monthly income of A to monthly income of B is 5:6, and A’s saving is (100/6)% more than B’s saving. Find the expenditure of ...
Two candidates P and Q contested in an election. 70% of the registered voters are P supporters. If 60% of the P supporters and 30% of the Q supporters a...
In a metro, there are as many wagons as there is the number of seats in each wagon. In one of the wagon carrying 125 persons is filled with 62 (1/2) %...
A and B together have total of Rs.4000 out of which they donated 20% to the orphanage school. The remaining amount is to be then redistributed between t...
In a train, 45% of the passengers are females. Out of total number of passengers, 65% have unreserved tickets out of which 36% are females. How much per...
Archers 'A' and 'B' take aim at a target. if the probability of 'A' hitting the target is 90% and of 'B' missing the target is 90% what is the probablit...
If the income & expenditure ratio of a person is 12 : 7, if the income increases by 16.66 % and saving will increase by 20%, then how much percent e...
The sum of the earnings of 'D' and 'E' is Rs. 2,20,000. 'D' uses 75% of his income, while 'E' uses 65% of hers, so that 'E's savings are Rs. 17,000 more...
Mohan goes to a sports shop with some money. He can buy 100 footballs or 50 basketballs with the money with him. However, instead of spending the entire...
