Capital market comprises the sources of long-term finance for industry and Government. It is the market that attracts savings from various sources and makes them available to the sectors of the economy requiring funds for productive uses. The savings and other funds are converted into investments through the issue of new securities by the Government, public bodies and industrial and [...]
Financial instruments mean documents that evidence the claims and income or asset as "any contract that gives rise to both a financial asset on one enterprise and a financial liability or equity instrument of another enterprise". 1. Securities: 'Securities' is a general term for a stock exchange investment. Securities Contract (Regulation) Act, 1956 defines securities as to include: 1. Shares, [...]
In this article we will discuss about:- 1. Bid cum Application Form 2. Who can Bid? 3. Method and Process of Bidding 4. Escrow Mechanism of Bidding 5. Electronic Registration of Bids (e-IPO) 6. Registeration of Bids 7. Building Up of the Book and Revision of Bids. Bid cum Application Form: Bidders shall only use the specified Bid cum Application [...]