Is it required to file PAS-6 if Unlisted Public Company neither issued shares nor transferred the shares since the requirement came for demat of shares. Still required to file PAS-6 ? If yes how Company doesn't have ISIN which is pre-req. for filing any PAS-6 Form with MCA
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Hello Everyone
What is required to be done if one has physical certificates with the same combination of names, but the sequence of names is different i.e. some certificates with ‘A’ as first holder and ‘B’ as second holder and other set of certificates with ‘B’ as first holder and ‘A’ as the second holder?
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Amendment in Companies (Incorporation) Rules, 2014
New Rule 25B for Physical verification of Registered Office by ROC
-ROC shall visit the Registered Office and may cause the physical verification of the Registered Office in presence of two independent witness of the locality and may also seek assistance of the local police.
- ROC shall prepare Physical Verification Report of the Registered Office of the company in the given format.
-Report to be filed by ROC and along with the following:
a) Photograph of the Registered Office of the company to his report;
b) Copy of Agreement/ownership/rent agreement/NOC of the Registered Office of the company from owner/tenant/lessor;
c) Self attested ID-card of the person available, if any.
If Registered Office is not found capable then ROC shall send a notice to Company and all the Directors of the Company.
A welcoming change by MCA to prevent registration of shell companies by notifying Rule 25B regarding physical verification of registered office.
This is going to impact ease of doing business. What suggestions you will give ?
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Hello Everyone,
Please confirm the procedure to pay stamp Duty on issue of debentures in physical mode as per amendment in Indian Stamp Act (RULE 9B) in the state of Uttar Pradesh.
In what scenarios can there be difference in issued capital and total of shares held in physical plus demat?
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Dear Members,
In a pvt com, there are only 2 directors (1 resident and 1 non resident) in the current pandemic situation both directors are not willing to travel and meet in one place for conducting board meeting for approval of financials and neither the company is willing to appoint any additional director.
Is there any other way to solve this issue? please advice.
Please share MCA notifications if any in this regard.
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.
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pls, clarify, whether the AGM can be held physically in case of a listed company. the company wants to hold the AGM in July/August.
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Dear Members,
Is there any bar in conducting the Board Meetings and General Meetings physically now as lockdown restrictions have been eased in many states?
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Dear Members,
Is there any bar in conducting the Board Meetings and General Meetings physically now as lockdown restrictions have been eased in many states?
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Dear Learned Members, When I approached SBI Cap Securities, they suggested that the Company must have an RTA to enable transfer of shares to IEPF A/c. In one of our client’s case we have only 8-10 shareholders whose shares are to be transfered to IEPF A/c. The shares of the Company are in physical form and in North East we don’t have a single RTA and nearest RTA is at Kolkata. I just wish to be clarified from the learned friends, does a Company must have an RTA to enable it transfer of shares held in physical format to IEPF A/c or there is any other way out.
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