issue of share certificate
This query is : Resolved
23 July 2010
In case share certificates are not issued within the 3 months from the date of allotment what is the consequences and what is the procedure to issue share certificates.
23 July 2010
The procedure for issue of share certificate is same.
But from the date of non compliance till it is complied i.e. after 3 months till date of issue. Company and every office as per Sec 5 of the COmpanies Act will be punishable with fine of 5000 for every day, if you go for compounding.
But from the date of non compliance till it is complied i.e. after 3 months till date of issue. Company and every office as per Sec 5 of the COmpanies Act will be punishable with fine of 5000 for every day, if you go for compounding.
23 July 2010
To avoid the violation you can issue the share certificate in the back date say during those 3 months.
The same is possible because there is no need to intimate ROC for the issue of share certificate.
Regards
The same is possible because there is no need to intimate ROC for the issue of share certificate.
Regards
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
