Sarvodhaya Urban Nidhi Limited has ` 14 Crore and ` 6 Crore as paid-up equity and preference share capital respectively. Balance in retain earnings account is ` 2.4 Crore. Equity share capital having face value of ` 10 each, while preference share has face value of 100 each. Mr. Surya and Mr. Chandan own 11,20,000 and 5,60,000 shares respectively. In context of resolution placed before the company which directly affect the rights attached to his preference shares, the voting right of Mr. Surya and Mr. Chandan in percentage term shall be:

In a litigation regarding title of shares, a share certificate issued in physical form by Modern Furniture Limited, an unlisted private company that doesn’t have a common seal submitted as evidence of the title. The same shall be clear and convincing evidence of title, if signed by;

i. two directors

ii. two directors, out of which one shall be managing director

iii. two directors and the Company Secretary, wherever the company has appointed a Company Secretary

iv. a director and the Company Secretary, wherever the company has appointed a Company Secretary 

Mr. Bahu has received a notice from Mahishmati Private Limited on 2nd March, 2023 intimating that Mr. Bali has submitted a transfer deed duly signed by him for transfer of 1000 partly paid shares (` 8 paid-up out of Face Value of ` 10 per share) in his (Mr. Bahu) name. Mr. Bahu as transferee must raise his objection to the proposed transfer of partly paid shares latest by 

Section 67 of the Companies Act, 2013 impose a restriction on public company from giving any financial assistance whether directly or indirectly and whether by means of a loan, guarantee, the provision of security or otherwise for the purpose of, or in connection with, a purchase or subscription made or to be made, by any person of or for any shares in the company or in its holding company. Star Engineering Limited which is not covered by any of exemptions specified under said section, contravene the  restrictive provisions stated above. Every officer of the company who is in default shall be liable for;

Modern Furniture an unlisted company receive a request for issue of duplicate share certificate. Complete documents in this regards submitted with the company on 30th December 2022. Modern furniture shall issue the duplicate share certificates by:  

DBS Chemicals Limited issue ordinary share of different classes. DBS planned to vary rights of one the class wherein there were only 105 holders. 100 out of 105 holders own 0.5% shares of that class, whereas each of remaining 5 holders hold 10% shares of that class. Presuming 100 holder who own 0.5% shares already signed/authorised the consent letter sanctioning the variation, how many holders out of such 5 need to authorise the said letter to approve the variation. 

Buy-back with board resolution is allowed, if amount involved is

A company that incorporated and commenced the business on 9th Nov 2022, can issue sweat equity share only after 8th Nov 2023. 

Notice of refusal to register transfer of shares by private company shall be sent only to the transferee within 30 days, stating reasons of refusal therein

Passing an ordinary resolution is sufficient where the buy-back is, not exceeding ten percent of the total paid-up equity capital and free reserves of the company.

CRR can be used to issue partly paid bonus shares or finance discount portion of sweat equity shares. 

If interest to debenture holder remain un-paid for two years then they may vote on resolution affecting their interests.

Corrupt Limited has received a request from Mr. Suresh for transfer of 100 partly paid equity shares, to Mr. Ramesh. However, Mr. Ramesh expired in the meantime, but no intimation of the same has been received by the company. In the given circumstances, advise as per the provisions of the Companies Act, 2013: 

Prithvi Cements Limited is desirous of issuing debentures carrying voting rights. Which of the following options is best suited in such a situation:

In a company if any change of right of one class also affects the right of other class, then:

Goals Limited, a listed company has authorised share capital of `Rs 25,00,000 (issued, subscribed and paid up capital of `Rs 20,00,000). The company has planned to buy back shares worth `Rs 10,00,000. What is the maximum amount of equity shares that the company is allowed to buy back based on the total amount of equity shares?