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Praveen Kumar K
25 April 2011 at 17:44

Share Certificate

I have shares in the name of Company 'X', Now the company has changed its name to Company 'Y'. I still hold the share certificate of Company 'X'. I want to get new share certificates in the name of Company 'Y'.
I have contacted Karvy, they asked me to send the original certificates of Company 'X' along with a covering letter.

MY QUERY is- Is it safe to send the original certificate for the name change ?

Can anyone please tell me the procedure.


CA manish mahajan
25 April 2011 at 17:36

Allotment of shares

Hi,

What is the procedure for allotting shares from one director to a newly appointed director?


situation-
ABC pvt. ltd has authorised and paid up capital of Rs 100000(10000 shares of rs. 10 each) issued as 5000 shares to each of the promoter directors.

Now a new director is to be added in the company and he is to be allotted 2000 shares from one of the existing director.

query-
1. what forms are required for this process?
2. how is the new director appointed?
3. how will be the shares transferred to him from existing director?


Please respond.



Anonymous
22 April 2011 at 17:20

transfer of shares

we have some shares in the name of a company which is closed now. but there are some shares of L&T in the mane of the company.how can we transfer the shares to the name of our promoter of the company?



Anonymous

a pvt co has issued 7500 shares of rs. 100 each at rs. 475/- i.e. at premium of rs. 375/- per share. i want to know what are the conditions for pvt co to issue its shares at discount and also what procedure it have to follow? reply urgently.



Anonymous

Whether it is safe to invest in secured non convertiable reedeamable debentures of Prism Infracon Ltd.


krishnan
19 April 2011 at 17:34

old mutual fund redumption

my uncle A.S.Ganesaninvested Rs5, 000/- in Centurion Quantum Growth Fund-1993 of 20th century mutual Fund.The new name in 2005 for the 20the century was century mutual fund and now it is hdfc std life mutual fund .As he got transfered to vapi he wanted for redumption but till today he couls not trace where to contact as all were said that this folio number is not here .pl do look into this matter and suggest me what to be done if this is the situation
regards
prabhu


krishnan
19 April 2011 at 16:21

share value to be recovered

dear sir
i had purchased 100 shares of bihar alloys steels ltd in 1992 and the companies name changed to umi steels ltd but the share is not listed so what can i do and what procedure i can do in this matter to get my money back
regards
prabhu


Nagesh
15 April 2011 at 11:06

sardar sarovar bond

Pls any one tell me about sardar sarovar early redemption of bond case status in court. despite 2 years in court i could not find court decission, could somebody update on this, i am still holding bond hoping court decission in favour of investors, pls advise



Anonymous
14 April 2011 at 17:42

stamp duty

A private limited co. is being acquired by an individual completely by purchasing the shares.

in relation to the above is there any need for payment of stamp duty for the Fixed assets acquired of the transferror company under maharashtra stamp duty act


Naresh Kumar

Dear Sir,

A public listed company has authorised capital of Rs. 345 crore out of which 40 crore is equity and rest is preference share capital. company has issued, subscribed and paid up capital equity of Rs. 39114100. under CDR Scheme of the company, the company has also issued 15 crore cumulative redeemable preference shares (CRPS). On Mca site, in company master data, issued capital is still 391141000. company has also filed form 2 for the allotment of these CRPS. Should it not be shown as total issued capital. If not why. please explain in detail.
Thanks






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