A person holds shares singly as well as jointly
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 September 2014
Its urgent.
my question is - In a Pvt. Ltd. Co. -
Mr. A holds 10 shares - singly
Mr. A holds 90 shares jointly with Mr. B (as Mr. A is first holder)
Both shareholdings have seperate folio.
Now the question is whether in this case, members will be treated as one or as two.
my question is - In a Pvt. Ltd. Co. -
Mr. A holds 10 shares - singly
Mr. A holds 90 shares jointly with Mr. B (as Mr. A is first holder)
Both shareholdings have seperate folio.
Now the question is whether in this case, members will be treated as one or as two.
Ankur Garg
(Expert)
24 September 2014
There are 2 shareholders in your Company:
1. Mr. A holding 10 shares.
2. Mr. A and B holding 90 shares.
Joint shareholders are treated as 1 shareholder. Also refer the provisions of your articles.
Thanks
1. Mr. A holding 10 shares.
2. Mr. A and B holding 90 shares.
Joint shareholders are treated as 1 shareholder. Also refer the provisions of your articles.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
