Declaration of any dividend is a special business item which can be transacted at AGM as well as EGM.
The question is that whether dividend given to Preference Shareholders is required to be taken at AGM/EGM when the Company intents to pay the same.
Nature of Preference shares is cumulative in nature. Is resolution passed in board meeting will not be sufficient enough as far as compliance is concerned ?
Because dividend entitlement is already given to Preference Shareholders at the time of issue of shares.
Request to accord inputs please.
shareholders
preference
dividend
Can anyone provide me the MOU between two shareholders in event of a transfer of shares between them
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between
Dear Member
In case of allotment to joint shareholders, Whether application money should be received from both shareholder or application money received from the first person is sufficient.
shareholders
joint
allotment
FACT OF THE CASE
ABC, a partnership firm holds 10,000 equity shares of XYZ Private Limited (incorporated in 2015), through its 5 partners equally. Each partner was allotted with a separate Folio no. but the Company considered to count them as a single shareholder. Thereafter in Feb, 2016 the Company has allotted further shares to only 4 partners in an equal ratio and in Sept, 2016 the shares of 2 partners has been transferred/ transmitted to rest of the 3 partners.
As on date there are 5 partners in ABC, a partnership firm and only 3 partners are holding shares in a XYZ Private Limited in equal ratio.
Please note that the company has filed all upto date Annual Financial Statements and Annual return with the shareholding pattern which looks like A, B,C, A (through partnership firm), B(through partnership firm), C (through partnership firm) having different folio numbers.
QUERIES
Can each partner have different folio nos. and if yes, how many votes will be casted by ABC, a partnership firm.?
Can we allot shares to particular partner.?
Do we need to file MGT-6 in this regard.?
Who will sign the declaration on behalf of Beneficial Owner.?
If we merge all the folio numbers of Partnership firm to one folio number say Joint Shareholders, do we need to go to NCLT?
shareholders
joint
Is it necessary that loan given by shareholders to another Company is also from owned fund?
company
another
shareholders
given
loan
Can a company give a loan or take a loan from shareholders under the provisions of Companies Act 2013?
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shareholders
take
give
What powers do shareholders have over a company?
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power
Dear professionals
Please answer following questions
1.Can shareholder pay paid up capital in form of cash
2. Can AGM conducted through vedio conference
3.AGM can conducted through at less tha 21 clearworking days notice
cash
form
capital
paid
shareholder
Dear All,
Annual accounts and all other businesses were not approved by majority of shareholders at the AGM 2019 of a Pvt Company.
Now suggest the suitable course of action for approval of accounts..
shareholders
accounts
rejection
Dear Members,
Can a private limited Company accept interest free deposit from its members? Please let me know.
shareholder
deposit
Dear All,
there are numerous amendments in last few months regarding deposit acceptance from Share Holders, Directors and third party. Kindly reply with the latest list of allowed deposit and limit of loan amounts.
shareholders
directors
loans
A pvt. ltd purchased a land from B ltd. which had Mr. D as common director.
Now instead of paying B ltd for land Mr. D (having an unsecured loan on B Ltd.) transferred his existing unsecured loan from B ltd. to A pvt. ltd. thereby paying B ltd. against the Land. this transaction is dated 26/03/2019.
Current situation is: an unsecured loan is in the books of A private ltd. by Director who is also a shareholder.
Please guide on the Compliance part being a Private Limited Company its an urgent query.
shareholder
also
director
loan
unsecured
