compliance requirements with respect to shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2011
dear all,
what are the compliance requirements for receiving share applications and making share allotment by a pvt ltd co. whether any registers are to be maintained.
what are the compliance requirements for receiving share applications and making share allotment by a pvt ltd co. whether any registers are to be maintained.
27 January 2011
1) On receiving share applications, scrutinise the application and decide the list of allottees.
2) Convene a Board Meeting and get the approval of the Board for allotment. In the same Board Meeting authorise 2 directors and Company Secretary for signing the Share Certificate and affixing the common seal of the company.
3) Issue share certificate affixing stamp duty as applicable i.e. 50ps for every Rs.1000/- value.
4) Make necessary entry in the Register of Members.
5) If the allottes are Directors, make entries in the Register of Directors Shareholdings as well.
6) File Form 2 for share allotment attaching the list of allottees within 30 days of allotment.
2) Convene a Board Meeting and get the approval of the Board for allotment. In the same Board Meeting authorise 2 directors and Company Secretary for signing the Share Certificate and affixing the common seal of the company.
3) Issue share certificate affixing stamp duty as applicable i.e. 50ps for every Rs.1000/- value.
4) Make necessary entry in the Register of Members.
5) If the allottes are Directors, make entries in the Register of Directors Shareholdings as well.
6) File Form 2 for share allotment attaching the list of allottees within 30 days of allotment.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Should I report my US salary for January, February, March in Schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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?
Trending Online Classes
CAclubindia
