Maharashtra HSC Secretarial Practice case studies
Maharashtra HSC Secretarial Practice · Put your knowledge to work in context.
Secretarial Practice is a Maharashtra State Board HSC subject taken by Std XII commerce students, and it is also chosen by candidates preparing for company-secretary and corporate-law entrance routes. It introduces the working life of a company secretary: how a company raises and structures capital, issues shares and debentures, keeps members informed through formal correspondence, pays dividend and interest, and conducts board and general meetings lawfully. The Maharashtra HSC Secretarial Practice case studies are 5 cases and about 2,678 words.
1Financing a New Line: Equity Dilution versus Debenture Leverage
Nirmal Precision Ltd, a Nashik auto-component maker, has 80 lakh equity shares of ₹10 each and ₹4 crore of 12% term debt. Promoters hold 60% and have told the board they will not accept dilution below 30%.
594 words, about 3 min2Rights Issue: Entitlement, Renunciation and Extra Allotment
Kirti Software Ltd has 40 lakh equity shares of ₹10 each. It needs ₹9 crore and proposes a rights issue of 1:2 at ₹45 per share, raising 20 lakh shares.
524 words, about 3 min3Joint Holding, Nomination and Transmission of Demat Shares
Rane held 4,000 equity shares of a listed company in demat form jointly with his son, Amit, with his wife, Kalyani, as nominee. The account was operated jointly.
482 words, about 2 min4Dividend Payment, Unpaid Dividend Account and IEPF Transfer
Anand Ltd, a listed company, declared a final equity dividend of 25% (₹2.50 per share of ₹10) on 28 August for FY 2023-24. It has 80 lakh shares, so the dividend outgo is ₹2 crore.
545 words, about 3 min5CSR Obligation, Disallowed Spend and Unspent Ongoing Project
Navjeevan Pharma Ltd has average net profit of ₹12 crore for the three preceding financial years. Its CSR committee approved: ₹9 lakh for a government school lab, ₹5 lakh for a village health camp, ₹4 lakh for training its own sales staff in ethics, ₹2 lakh as donation to a political party, and ₹1.5 lakh for CSR office stationery and audit.
533 words, about 3 min