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.
subscribers
shares
allotment
delay
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....???
Dear Friends
we have filed form SH7 for increase in authorized share capital of the company
now pending approval of form SH7 can we allot bonus shares as I understand that filing of form SH7 is only notice to registrar for increase in authorized capital...as such increase in authorized share capital is approved with the approval of the shareholders in the general meeting and is not subject to ROC approval
Kindly confirm my understanding
Dear Friends
Please let me know if there is any restriction regarding usage of share application money received for rights issue before its allotment.
With regards
Does a company need to hold a Board Meeting and pass board resolution each time its subscribers pay to company to increase the paid-up capital within the limit of authorized capital?
And, can subscribers deposit the capital first and then get their share certificate issued within 60 days?
What happened if partly paid shares sold in open market without payment of call money.
I bought 500 Partly paid up shares of A Limited, A limited ask for 1st call but i not paid 1st call and sold these shares in open market
Dear All,
Can anyone guide on how to pay the Stamp Duty on the shares issued to the shareholders of the merged entity on amalgamation/ merger of the companies.
We have already filed the Adjudication application with the Superintendent of Stamps, Mumbai, but yet to receive any order/ intimation.
We need to suo moto pay the stamp duty as per our calculation and keep. Please help
Dear All,
Can anyone guide on how to pay the Stamp Duty on the shares issued to the shareholders of the merged entity on amalgamation/ merger of the companies.
We have already filed the Adjudication application with the Superintendent of Stamps, Mumbai, but yet to receive any order/ intimation.
We need to suo moto pay the stamp duty as per our calculation and keep. Please help
Dear Professional Colleagues
We have to come out with a preferential Allotment in a BSE listed Company. If anyone has draft of documents regarding in principle approval from S. E.and listing approval and step by step procedure/checklist of the same, please share. It would be of immense help to me.
company
listed
allotment
preferential
