Distinction Between Debentures and Shares
1. Debentures constitute a loan.
2. Middle and Lower Level
3. Debenture holder gets fixed rate
of Interest which carries a priorities over dividend.
4. Debentures generally have a charge
on the assets of the company.
5. Debentures can be issued at a
discount without restrictions.
6. The rate of interest is fixed in
the case of debentures
7. Debenture holders do not have any
voting right
8. Interest on debenture is payable
even if there are no profits i.e. even out of capital.
9. Interest paid on debenture is a
business expenditure and allowable deduction from profits.
10. Return of allotment is not
required for allotment of debentures.
1. Shares are part of the capital of
a company.
2. Top level
3. Shareholders gets dividends with a
varying rate.
4. Shares do not carry any such
charge.
5. Shares cannot be issued at a
discount.
6. Whereas on equity shares, the
dividend varies from year to year depending upon the profit of the company and
the Board of directors decision to declare dividends or not.
7. Shareholders enjoy voting right.
8. Dividend can be paid to
shareholders only out of the profits of the company and not otherwise.
9. Dividend is not allowable
deduction as business expenditure.
10. Return of allotment in e-Form No.
2 is to be filed for allotment of shares.
1.Bharat Electronics Limited (BEL)
2.Container Corporation of India
(CONCOR)
3. Engineers India Limited (EIL)
4. Hindustan Aeronautics Limited
(HAL)
5. Hindustan Petroleum Corporation
Limited (HPCL)
6. Mahanagar Telephone Nigam Limited
(MTNL)
7. National Aluminium Company (NALCO)
8. National Buildings Construction
Corporation (NBCC)
9. National Mineral Development
Corporation (NMDC)
10. Neyveli Lignite Corporation
Limited (NLCIL)
11. Oil India Limited (OIL)
12. Power Finance Corporation
13. Power Grid Corporation of India
Limited
14. Rashtriya Ispat Nigam Limited
15. Rural Electrification Corporation
16. Shipping Corporation of India
(SCI)
Maharatnas Companies
1. National Thermal Power Corporation
(NTPC)
2. Oil and Natural Gas Corporation
(ONGC)
3. Steel Authority of India Limited
(SAIL)
4. Bharat Heavy Electricals Limited
(BHEL)
5. Indian Oil Corporation Limited
(IOCL)
6. Coal India Limited (CIL)
7. Gas Authority of India Limited
(GAIL)
8. Bharat Petroleum Corporation
Limited (BPCL)
How to propose the Name for a Company
1. Plural version of any of the words
appearing in the name of an existing company is not allowed.
Example: Suppose a company exists in the name
of "Eswar equipment Private Limited Company", then the name of
"Eswar equipments Private Limited Company" will not be proposed.
Similarly, The following changes in
existing company name is also not allowed
2. Changes in Type, Letter Case,
Spacing or Punctuation marks
3. Joining words or separating words
before or after the company name
4. Different tense or number of the
same word
5. Different phonetic spellings or
spelling variations
6. Intentionally misspelled words
7. Addition of internet related
designation
8. Addition of common names or titles
9. Addition of name of place
10. Different combination of the same
words
11. Translation of a word
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