As per SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2013 dated August 26, 2013
In case of allotment of convertible securities, can the period of six months for lock-in of pre-preferential allotment shareholding under regulation 78(6) be calculated from the date of trading approval granted for last conversion into equity shares by the stock exchange?
Dear All
Kindly provide your views on the below-mentioned query.
A listed company is proposing to issue and offer share warrants to the Promoter group on a preferential allotment basis. As per the provisions of the Companies Act, 2013, the proposed item is required to be passed by way of special resolution. Whether shareholders belonging to ‘Promoter Group’ to whom share warrants shall be issued can vote in the special resolution?
If not, can the promoter shareholders other than those to whom share
warrants shall be offered can vote in the said special resolution?
Dear All,
A company has been incorporated but the subscribers to the
company has not paid subscription money. Whether it is necessary
for the company to issue share certificates within two months with or
without the receipt of share subscription money as per the provisions
in the Companies Act, 2013?
Hello members,
What is the meaning of term "preferential basis" in case of preferential allotment and to whom securities can be issued in case of Preferential allotment?
Can a company pass resolution for allotment of share before the approval of Form SH-7 filed for increase in authorised share capital?
Dear Members,
Can any one provide the list of documents / draft document for preferential allotment in private Company
Dear Members,
Can Trade Payable of the company be allotted equity shares for consideration of their due amount?
Will it be indirectly considered as a loan?
Opinions are invited in this regard.
Dear professionals,
Happy Morning!
As per the provisions of section 56 of Companies act 2013 allotment of shares to subscribers of MOA is to be made within 60 days from the date of incorporation. What are the consequences if such allotment is not made within time frame apart from monetary penalty imposed therein.
Hi...
In case of allotment of shares to NRI.
There is shortfall of Rs. 600 for share application money due to charges deducted by banks and exchange rate fluctuations. Can we still allot shares for the shortfall amount of Rs.600? The client has received less money in Indian currency.
Dear Members
Can we allot one allotted with premium and other 2 allotted without premium in allotment of private ltd company under private placement .
Dear Members,
We are making an allotment in one of pvt limited companies on the basis of value taken from latest audit financials(shareholders fund divided by no.of shares).....are we doing ok.....or do we need to take valuation of assets as on date and then allot shares....???
Dear Members,
We are making an allotment in one of Pvt limited companies on the basis of value taken from latest audit financials(shareholders fund divided by no. of shares) are we doing ok.....or do we need to take valuation of assets as on date and then allot shares....???