Dear Members,
Can dividends be declared to a certain class of shareholders only?
What are the action can be taken against a private limited company who is not providing monthly salary slips and even my Form-16 to their employees
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Hello,
Is reclassification of authorised share capital (Equity to Preference) allowed ? Is SH-7 being approved by ROC, Karnataka for reclassification (cancellation of unis sued equity and increasing preference) ?
capital
share
authorised
reclassification
Dear Members,
Please help me outo understand whether Classs II or Class III DSC wil be applicable in IEC Code application?
Thanks
Dear All
A Private Limited company having only equity share capital now wants to increase authorised capital and also issue of preference shares.
1. Is reclassification of equity shares into preference shares permitted? Can company only pass special resolution in Extra-ordinary general meeting for increase in authorised capital and give bifurcation of its equity and preference shares
reclassification
shares
preference
issue
Dear All,
I understand, in the past, some RoCs have rejected SH7 filed for reclassification of Authorized cap by way of cancelling unis sued portion of one class of shares and to increase another class of shares. Reason for this could be that SH7 didn’t have a specific option for reclassification of authorized cap.
However, in Jan 2021, SH7 got upgraded by MCA and the option “Cancellation of unis sued shares of one class and increase in shares of another class” has been newly added. Even Sec 61 (1)(e) allows for same.
Given this, wanted to check if RoCs are approving SH7 for reclassification of one class to another class of shares post Jan 2021? Particularly, wanted to check if RoC Mumbai such SH7. Pls let me know if someone has got such form SH7 approved by RoC Mumbai very recently say in last 2-3 months
mumbai
reclassification
Dear Members,
Had a query:
Suppose a name for LLP was approved and after filing FiLLiP - it has been rejected with the remarks that :
the Proposed name is a TM under a different class otherthan the class of products of the proposed LLP.
NOC from TM holder is being sought which is not possible.
Is there a possibility that the request will be processed if we justify that it is under a different class or is it advisable to change the name?
Your views please.
Dear Members,
Had a query:
Suppose a name for LLP was approved and after filing FiLLiP - it has been rejected with the remarks that :
the Proposed name is a TM under a different class otherthan the class of products of the proposed LLP.
NOC from TM holder is being sought which is not possible.
Is there a possibility that the request will be processed if we justify that it is under a different class or is it advisable to change the name?
Your views please.
Dear Members,
Can a section 8 company have different class of share holders? Like premium shareholders , junior share holders etc ?
It should be possible after complying with Rule 4 of Cos (SCD) Rules.
Let me know your views.
shareholders
class
different
company
section
Dear Members,
Kindly advise, Can single Class 3 DSC work on DGFT, GST, Income Tax, ROC sites ?
Thank you in advance
class
Dear Members,
Authorised share capital of the company is as follows:
10,000 equity shares @ 10 each
20,000 preference shares @ 10 each
Now company has to convert its 10,000 ccps into equity but authorised share capital is insufficient for issuing shares.
Can I reclassify the authorised share capital in this case?
capital
share
authorise
classification
Dear Members,
I have filed form SH-7 for reclassification of share capital but I came to know from a CS friend that ROC is not approving any reclassification of share capital since 1 year..
Is it Correct? has any body filed form lately??
capital
share
reclassification
