Allotment of shares
This query is : Resolved
07 June 2011
which resolution should be passed at the time of share allotment by private limited ? and what is the procedure for same ?
08 June 2011
For share allotment Board resolution is sufficient.
Hold a Board Meeting and pass a resolution for allotment of shares.
If shares are alloted consequent to transfer of shares, get the share transfer form (7B) duly executed by the transferor and the transferee. Pay stamp duty.
Within 30 days of allotment file Form 2 with ROC.
Issue share certificate within 90 days in case of allotment and within 60 days in case of transfer.
Make necessary entries in the Register of Members.
Hold a Board Meeting and pass a resolution for allotment of shares.
If shares are alloted consequent to transfer of shares, get the share transfer form (7B) duly executed by the transferor and the transferee. Pay stamp duty.
Within 30 days of allotment file Form 2 with ROC.
Issue share certificate within 90 days in case of allotment and within 60 days in case of transfer.
Make necessary entries in the Register of Members.
10 June 2011
thanks for such quick reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
