siddharth jain (ca- ipcc) (197 Points)
16 April 2013a company is going into liquidation on 1st feb 2002
R was a sharholder of the company who died on 28 feb 2001(rs. 20unpaid out of rs.100 share) and his shares were transmitted to his son X . X is the present holder of shares.
Whether X is 'A' list contributory or 'B' list contributory?
CA girl
(Article Trainee-CA Final)
(1942 Points)
Replied 16 April 2013
If "A" is still holding the shares and has not transferred it to anyone else then he will be a "A" list contributory only.
CAclubindia
