CA Rajesh Pabari
This Query has 1 replies

This Query has 1 replies

02 November 2009 at 14:38

Meaning of Financial Assets for NBFC

RBI Press release dated 08/04/1999 provides as follows:

“A company will be treated as an NBFC if its financial assets are more than 50 per cent of its total assets (netted off by intangible assets) and income from financial assets should be more than 50 percent of the gross income. Both these tests are required to be satisfied as the determinant factor for principal business of a company.”

My query is as under:

What is the meaning of “financial assets” as used above with respect to an NBFC?

Does "financial assets" here include investments in shares of private or unlisted securities?

Members are requested to advise.


Kausha Mehta
This Query has 2 replies

This Query has 2 replies

31 October 2009 at 19:33

Eligibility

Who is eligible to invest in a stock? Who can invest? There must be some age requirement and etc. etc..... so pls do reply...


Chandan das
This Query has 2 replies

This Query has 2 replies

In a pvt ltd company is there a minimum amount of shares that allows you to become a board member /director by default?


dipesh parmar
This Query has 1 replies

This Query has 1 replies

28 October 2009 at 12:53

lectures on shares

any lectures conducted for shares & Stock mkt.
if there are lectures kindly reply


Gundurao
This Query has 1 replies

This Query has 1 replies

28 October 2009 at 07:31

Accounting of Shares Transfered

Hello,

One of our client is a Pvt LTd Company and with authorized capital of 30Lakhs and subscribed capital of 20Lakhs, consisting of 20,000 share of 100 each, the major share holders of the company sold their shares (around 19000 shares) for a premium of 900Rs, to another person, My quiery is as both the parties involved including the pvt ltd company is our client, i neeed to know how to account the shares purchased in books of purchaser? and will the seller would be liable to capital gains? and also how to reflect these transaction in the books of company as the company has only the land & building in its book and doest not have any business started yet.

regards


CA Galib Mirza
This Query has 2 replies

This Query has 2 replies

24 October 2009 at 22:13

F & O

Please guide me about whaat is F&O and purpose of investing the money


SUJIT
This Query has 2 replies

This Query has 2 replies

My father-in law is having 10 Shares of Reliance Industries Ltd. The Share Certifiacte is in Paper from. As he purchased the shares way back 15 yrs, and still not bothered to convert into DEMAT......

Would he face any problem in converting the Certificate to DEMAt, especially when he does not have a PAN Card ?

In case, he want to transfer the share in my wife's name is that possible ?

Please clear my ambiguity

With thanks in advance

SUJIT


CA.Pujah
This Query has 2 replies

This Query has 2 replies

Sir,
I as we all know that there are all types of big to small list of formulas in MAFA for valuation of stock of a company, capital bdgeting,valuing investment opportunities, etc.

What I need to know is that how far do we actually use them in pratice? Do we actually calculate beta, weighted avg cost of capital, etc...what about the assumptions we take...
kindly enlighten.


P. Raja
This Query has 1 replies

This Query has 1 replies

19 October 2009 at 10:12

Debentures

Is it possible to have different maturity period in a same serious of Debenture ?


SANDEEP BAWEJA
This Query has 1 replies

This Query has 1 replies

15 October 2009 at 23:14

share & stick

what isthe diference between the share trading, derivative transaction & the speculation transaction with illustration