jay prakash heerwal
23 February 2013 at 12:01

Promoters incresing stake

Sir,

Please tell me all the provisions applicable to a company if one of the promoter of a listed company wants to increase his stake by purchasing shares from another promoter of the same company.

Current Holding of one promoter = 7.5 %

Proposed holding of that promoter = 15 %

Please advice

Thanks in advance


GD
21 February 2013 at 17:31

Permission to issue preference shares

Hello there...

A company I am vested in is asking to vote on a resolution to issue cumulative redeemable preference shares in one or more tranches.

Following are not mentioned in the proposed resolution:
1. Whom the shares will be allotted - whether the issue will be private only or will be offered to minority shareholders also.
2.Fixed cumulative dividend and period/redemption date to be decided by the Board of Directors/Committee of Directors at the time of issue.

The only rationale given for the issue is: "it is believed issue of pref shares will help optimize the capital structure of the Company and improve the returns for the equity shareholders".

Arent risks abound here of invisible corporate scams related to preferential shares like - selling common stock at high price and comfortably vesting at a high fixed dividend rate and flexible timeframe in pref shares later if issued privately?

What is the good thing about Preferential Shares as against issuing Common Stock?

~GD



Anonymous
20 February 2013 at 21:54

Stamp duty on issue of shares

I have incorporated a company having share capital of rs 100000 and paid stamp duty at the time of incorporation. I have issued share certificates containing 10*10000. Now i have nerd to pay stamp duty on share certificates or not. If what is the rate in up. Pls reply.
Regards.....
Abhishek


Sanjay Kavadia
19 February 2013 at 18:01

Accounting of dividend reinvestment plan

How to do accounting for units received under dividend reinvestment plan


Shweta Rathi

Dear Expert,

Please guide me that whether in case of partition of HUF, any kind of payment of Stamp Duty is involve???

All the shares will be transferred to co-parcener, then do we need to execute partition deed only or any other procedure will also involve.



Anonymous
16 February 2013 at 16:32

Demat account opening.

There has been a PARTNERSHIP FIRM with two partners namely HUF and Ind

Q.1 can this partnership firm make investment in stock market ( Listed seurities )?

Q.2 and if yes than depositry are not opening DEMAT ACCOUNT in the name of partnership firm they are opening d mat account only in the joint name of partners?

Q.3 what are the tax implications ( Long term and short term capital gain ) on equity shares if firm invest in listed shares

Q.4 wheather long term capital gain benifits are available to patnership firm or not?

Q.5 can assessing officer disallowed said long term capital gain on the ground of non existance of d mat account in the name of firm?




Jagadish T G

Our company is a new pvt. ltd. company wants to issue shares at a premium the face value of share is Rs.10 / share. I would like to know whether I can issue shares at a premium of Rs. 990/share and also what are the procedure that a company shall follow.


Anumita Sharma
11 February 2013 at 12:23

Dividend warrant

Dear Members,

I receive a share warrant cheque but it has been expired, so please guide me that what step i can take.


Suresh
08 February 2013 at 13:06

Share holder don't want the share

One of the share holder of the company ( his share transfer form is still not filed with ROC)is asking to not file his share transfer form to ROC and since the company is loss making he don't want the share inside the company. What are the papers we need to sign from him for a legal exit.



Anonymous
07 February 2013 at 17:33

What is a share subscription?

dear all,

ABC PVT LTD incorporated with authorized capital of Rs. 5,00,000/-(five lacs)with 2 directors having equal no of shares ie.25,000 each@Rs.10
my query is that:-
1. each director will deposit Rs.2,50,000/- in the bank account?
2. if not/yes then how the shares are subscribed when subscribing less than the authorized share capital.





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