Share capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 December 2016
Sir,
If a company has issued different share certificate for different distinctive number of shares to one person.
For ex. 0001 sh to 1000 sh, for which share certificate issued bearing number is 001. 1000 sh to 5000 sh, for which share certificate issued bearing number is 002. 5000 sh to 9000 sh, for which share certificate issued bearing number is 003.
Now, can i cancel all distinctive number of shares for issue of only one share certificate for share bearing distinctive number 0001 sh to 9000 sh.
If a company has issued different share certificate for different distinctive number of shares to one person.
For ex. 0001 sh to 1000 sh, for which share certificate issued bearing number is 001. 1000 sh to 5000 sh, for which share certificate issued bearing number is 002. 5000 sh to 9000 sh, for which share certificate issued bearing number is 003.
Now, can i cancel all distinctive number of shares for issue of only one share certificate for share bearing distinctive number 0001 sh to 9000 sh.
07 December 2016
Yes, you can do so. One share certificate can be issued after cancelling old certificates merging all shares in one certificate. Distinctive number will be same but new share certificate will carry the new certificate number consequant to the last issued share certificate.
Message likes :
1 times
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
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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 Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
