Dear members,
Can please tell me within how many days allotment need to be completed from the final amalgamtion order of NCLT.
Will it affect if INC-28 is not filled ?
Dear all
We have to allot shares to third party (other than existing shareholders ) in private limited company.
Now my query for the same are as under :
1. I have to comply section 42 & 62(1)(c) both or alone 62(1)(c) ?
2. Can valuation report provided by Chartered Accountant in Practice or we have to get from CA registered as Registered Valuer ?
can anyone please explain the difference between the issue of shares and allotment of shares?
Curtsy
CS Shipra Mishra
Dear Professionals,
I came to know that as per new amendment in the Indian Stamps Act, rate of stamp duty for issue of shares is Rs. 0.005%.
My question is whether it is applicable to the state of Karnataka.
As per the Karnataka stamps act it is
One rupee for every thousand.
Hi..
Kindly let me know the process for making payment of stamp duty in Hyderabad on the allotment of share certificates.
Kindly also confirm that rate of stamp duty on the allotment and transfer is uniform all over INDIA.
Yes the stamp duty paid on Allotment of 0.005%, I incorporated a company a few days back with capital of Rs 1,00,000 only 5 rupees is paid as stamp duty via stock holding portal on Allotment of shares. The portal will automatically show the amount of stamp duty to be paid when you put the consideration.
Click here to view / answer Share it onCan anyone share the documents for the issue of preferential shares in Pvt co?
Our Private limited Company has allotted shares to one of the our investor and we have also filed Pas-3 return of allotment for this to ROC with in 30 days. But now because of dispute between investor and management of the company, investor wants to his money back from the company and management is also agree for give his money back to him from company bank account.
My question is that, as a compliance office of the company how we can cancel our allotment for these shares and already filed pas-3 return, is there any option available for us, except transfer of shares and buy back of shares.
Dear Member
In case of allotment to joint shareholders, Whether application money should be received from both shareholder or application money received from the first person is sufficient.
Please confirm if we need to attach valuation report for allotment of equity shares upon conversion of Debentures
I am of the view same is not required as number of shares to be allotted and conversion ratio was already decided at the time of issuance of convertible Debentures.
Dear Member,
In case of the right issue, the consideration was received in Cheque and the same could not be deposited into the company ‘s account and the same will be deposited later Since the Cheque could not be deposited in the account of the Company, whether allotment can be made as on 31.03.2020.
Q. Curtsy
Garima goel
Dear Members,
As per the subject mentioned above, can we convert the Loan received from Directors to equity shares through allotment of rights issue.
If we can do so, what will be the procedure for the same?
Kindly guide me.