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Annual Return

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2010 Can a company change its share holding pattern after AGM and before submission of annual report?
Pl explain whether any penalty is attracted for this under Companies Act or IT Act?
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Ankur Garg

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Ankur Garg (Expert)
06 January 2010 YES you can change your share holding pattern by allotment of new equity or by transfer of share at any time.

Annual Return contain the info up to the date of AGM.

No penalty is leviable.

Regards
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
06 January 2010 Ankur is correct.
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CS. Ashish Shah

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CS. Ashish Shah (Expert)
11 January 2010 I also agree with Ankur.......

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