how to change a company from public limited to private limited when we don't know the actual shareholder where live?
10 Replies
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
| Originally posted by : joshineha4807 @ gmail.com | ||
 |
how to change a company from public limited to private limited when we don't know the actual shareholder where live? |  |
Call up shareholders and take there address
joshineha4807@gmail.com
(76 Points)
Replied 04 August 2018
all shareholders are only in imagination not in real
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
| Originally posted by : joshineha4807 @ gmail.com | ||
|
all shareholders are only in imagination not in real | |
You might have provided PAN no. of shareholders holding more than 10% shares in return?
joshineha4807@gmail.com
(76 Points)
Replied 04 August 2018
company have 75shareholder but only 7-8 shareholders are in real.
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
The quorum for a public company is five members personally present if the number of members as on the date of meeting is not more than one thousand sop you may call and EGM of existing shareholders and ask them to vote in favour of conversion thats it.
Rest procedure you might be knowing.
I guided you related to shareholders
joshineha4807@gmail.com
(76 Points)
Replied 04 August 2018
we have to send notice to all shareholders.
bcoz company is a big company . Proof is required for secretarial audit.
so i want to know only that what we can do about shareholders notice and proof .
bcoz company is a big company . Proof is required for secretarial audit.
so i want to know only that what we can do about shareholders notice and proof .
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
Send them on some random addresses or take guidance of your CS
joshineha4807@gmail.com
(76 Points)
Replied 04 August 2018
Thank you ruchika for your helpful answer.
I am already a cs and handling thia kind of case that's why I have put that query
I am already a cs and handling thia kind of case that's why I have put that query
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 04 August 2018
| Originally posted by : joshineha4807 @ gmail.com | ||
|
Thank you ruchika for your helpful answer.I am already a cs and handling thia kind of case that's why I have put that query | |
Ohhh okay okay
I feel you should show some fake addresses and to avoid any issue you should remove all such shareholders by showing there amounts being withdrawn
not together but in parts
joshineha4807@gmail.com
(76 Points)
Replied 04 August 2018
now it's mandary for a public company to listed it's share by September.
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