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1. shailesh   I Like It. |Report Abuse|  Link|October 7, 2011 7:27:12 PMReply
RIGHT ISSUE IS SHARES ISSUED BY J.S.COMP. TO THE EXISTING SHARE HOLDERS AT LESS PRICES COMPARED TO MARKET VALUE IN PROPORTION TO THEIR PREVIOUS HOLDING AND IF THAT TIME HE DON'T HAVE MONEY OR DON'T WANT TO BUY FOR ANY REASON THEN HE CAN SELL HIS RIGHT TO ANY OTHER PERSON FOR BUYING THOSE SHARES AND HE WILL CHARGE FOR HIS RIGHT (BECAUSE HE IS GETTING AT LESS PRICE THAN MARKET RATE SO HE CAN ENJOY THE DIFFERENCE BETWEEN MARKET RATE AND PRICE FOR WHICH COMPANY OFFERING FOR HIM)