Mr. X, as an individual, purchased shares of ABC Pvt. Ltd. and also Mr. X, as Karta of HUF, purchased shares of ABC Pvt. Ltd. As per Law in case of HUF shares are registered in the name of HUF so in this case all above mentioned shares are in the name of Mr. X. So my question is Mr. X will be counted as one share holder or two?
please also mention the provisions of such laws or cases regarding this question...
CAclubindia
