split of shares
This query is : Resolved
16 November 2009
we are spliting shares in a private limited company
what is the legal requriment of split of shares
what is the legal requriment of split of shares
17 November 2009
Splitting of shares should be permitted within AOA, if not, AOA should be altered to include the provisions for splitting ( sub-division ) of shares. Then a Board Meet should be called after giving notice to all directors to decide abt the sub-division of shares and to fix up the time, place and agenda for General meeting. In the General Meeting a resolution to be passed for splitting of shares. Then the notice of sub-division of shares to be filed with ROC in Form 5 within 30 days. Also make necessary changes in share certificates, records, documents and registers of company.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- 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
