Hi,
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 All,
Apart from the transfer formality like share transfer form, stamp duty payment, is there any other compliance's need to be done in case share have been gifted to minor in private company ?
Dear All,
Apart from the transfer formality like share transfer form, stamp duty payment, is there any other compliance need to be done in case share have been gifted to minor in private company ?
Dear Members ,
Can a minor (completed 18 years) who is law student can become Director in a Private Limited ?
The minority shareholders can approach the court to stop the rights issue saying they don’t wish to subscribe the same and it would lead to oppression?
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