Hi Everyone!
Can persons resident in India subscribe to bonds (foreign currency/INR) issued by eligible ECB borrowers in overseas centres or IFSCs as permitted in the ECB framework?
borrowers
issued
bonds
subscription
Hi Professionals!
What happens to Rights Entitlements (REs) which are neither subscribed nor renounced on or before the Issue Closing Date?
entitlement
right
subscription
what are the time limit within which the subscription amount to be brought by the subscribers of the company after incorporation under FEMA guidelines.
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hello professionals,
A Company soon after incorporation allotted shared to the subscribers. However the opening of bank account took time due to legal hurdles. Meanwhile the allottee, a non resident (holding 99% shares) went out of India and bank refused to open account without his presence however they agree if he transfer his shares to resident person. Is this possible to transfer such shares, which has been allotted pursuant to Incorporation of the Company but for which no subscription money is received yet?
money
subscription
without
share
transfer
If we filed INC-20A for Company on 182nd day with a late fee of 600/- but the subscriber paid money within 180 days.
Is it non compliances ?
days
after
money
subscription
payment
There is no prohibition/restriction under the Companies Act, 2013 for receiving the subscription money in cash (i.e., not through account payee cheque or other banking channel).
However, the company and/or subscriber(s) has(ve) to comply with the provisions of the Income Tax Act, 1961 with regard to cash transaction.
subscription
money
cash
receiving
under
companies
prohibitionrestriction
Dear All,
A company has been incorporated but the subscribers to the
company has not paid subscription money. Whether it is necessary
for the company to issue share certificates within two months with or
without the receipt of share subscription money as per the provisions
in the Companies Act, 2013?
Can a foreign subsidiary incorporated in India receive its subscription money in installments?
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foreign
money
subscription
Hi All,
There is a newly registered company and the Subscribers want to pay Subscription money in Kind in the form of Assets. Can we do that?
I feel it is not possible however want to have clarity.
kind
money
subscription
share
Dear All,
greetings of the day...
Pls guide on the following:
An1 WOS company was incorporated in 2016 as a Section 8 Company, but due to FCRA restrictions the Subscription money could not be received.
Now the FCRA application is rejected and its 5th year of company and entire share capital is not received.
Please guide as to what may be the consequences of this situation?
money
subscription
receipt
Dear All,
Please suggest "Should the shareholder bring in the subscription money before the closure of offer period" ? Is this mandatory requirement under Co's Act, 2013.
issue
right
money
subscription
Dear members,
In newly incorporated Nidhi company one of shareholder cum director is refusing to pay subscriber money for shares...how to proceed now?
Can we directly allot shares to someone else with board resolution stating subscriber to moa is dening to pay??
shares
subscription
payment
make
refusing
