Examples of Capital company in a sentence
Under Section 10(23FB) of the Income Tax Act, 1961, any income of Venture Capital company / funds (set up to raise funds for investment in venture capital undertaking notified in this behalf) registered with the Securities and Exchange Board of India would be exempt from income tax, subject to conditions specified therein.
Associates are asked to report if they are a senior officer of or own more than 5% of any private or public company that is or potentially may be doing business with any Capital company or with the American Funds.
It shall be unlawful for any officer, director, employee, agent, or other participant in the management or conduct of the affairs of a New Markets Venture Capital company to engage in any act or practice, or to omit any act or prac- tice, in breach of the person’s fiduciary duty as such officer, director, employee, agent, or par- ticipant if, as a result thereof, the company suf- fers or is in imminent danger of suffering finan- cial loss or other damage.
Each New Markets Venture Capital company that participates in the program established under this part shall be subject to examinations made at the direction of the Investment Divi- sion of the Small Business Administration in ac- cordance with this section.
The amount of a grant made under this subsection to any entity other than a New Markets Venture Capital company shall be equal to the resources (in cash or in kind) raised by the entity in accordance with the requirements applicable to New Market Ven- ture Capital companies set forth in section 689c(d)(2) of this title.
None of the assistance made available under this section may be used for any overhead or general and administrative expense of a New Markets Venture Capital company or a special- ized small business investment company.(Pub.
A Federal savings association may invest in stock, obligations, or other securities of any New Markets Venture Capital company as defined in section 689 of title 15, except that a Federal savings association may not make any investment under this subpara- graph if its aggregate outstanding invest- ment under this subparagraph would exceed 5 percent of the capital and surplus of such savings association.
The Administrator may guarantee the timely payment of principal and interest, as scheduled, on debentures issued by any New Markets Ven- ture Capital company.
Upon request of the Administrator, the court may appoint the Administrator to act as a trustee or receiver of a New Markets Ven- ture Capital company unless the court deems such appointment inequitable or otherwise in- appropriate by reason of the special circum- stances involved.(Pub.
Under this section, the Administrator may guarantee the debentures issued by a New Markets Venture Capital company only to be 1 extent that the total face amount of outstand- ing guaranteed debentures of such company does not exceed 150 percent of the private cap- ital of the company, as determined by the Ad- ministrator.