Hello, is it necessary to amend the PPM (Private Placement Memorandum) due to the dematerialization of AIF (Alternative Investment Fund) units? Given that redemptions/issues would now be processed in dematerialized form, what would be your suggestion regarding this?
Click here to view / answer Share it onHi,
Company A is a Public Limited registered on 2019, with 7 share holders out of which 3 are promoters. As per the requirements the Company take ISIN and demated the shares of 4 share holders (promoters and directors). Further the company has increased capital and allotted new shares and added new shareholders too. The initial subscriber (3) shareholders holding less than 1% is not open demat account and not complied with the procedures even after follow-ups and they were not responding to companies communications. What are your thoughts? whether its a mis compliance if 100% shares are demated? Is there any ways available to forfeit that shares? Or to transfer to IEPF?
Dear Members,
Pls suggest the procedure to demote the physical shares of the company pledged in bank.
Dear Members,
If a public company is going for merger and is going to lose its existence, is it compulsory for the company to convert its shares to DEMAT or it can go for merger without converting its share?
In what scenarios can there be difference in issued capital and total of shares held in physical plus demat?
Click here to view / answer Share it onDear Members,
A public company wants to allot shares which has not opted demat facility....till now...is there any way out to allot the shares.
Dear Members,
is it mandatory to dematerialise every unlisted public limited company shares? Except few..
except a public company which is a Nidhi, a Government company or a wholly owned subsidiary.
Dear professional,
This query is regarding Dematerialsation of physical share of unlisted public company as per rule Rule 9A.
The rule say that No share shall be allotted or transferred on or after October 2018 unless all the existing share of the company is dematerialized.
We suggested our Client company to demat their share but they denied to do so because they will not allot or transfer the share of the Company in future .
Whether there is any violation of law if the company do not demat their share. Please reply.
--
Dear Members,
A public company wants to allot shares which has not opted demat facility....till now...is there any way out to allot the shares.
'In view dematerialization of equity shares of unlisted public companies, what is the process for the transfer of shares from resident Indian to NRI? '
Click here to view / answer Share it on'In view dematerialization of equity shares of unlisted public companies, what is the process for the transfer of shares from resident Indian to NRI? '
Click here to view / answer Share it onDear Members,
Please share the requirement/applicability of Dematerialisation of Pvt Co. Shares.