Hi Sir/Madam,
I want to know if a company purchase some shares from the other shareholder, is it required to keep a nominee shareholder as well because in this case a company is becoming a shareholder of another company. Let me draw a example to get it more clear
Example: Let say if Mr.A company purchased 10000 shares of Mr. small b (who is a shareholder of Mr. B company holding shares of 10000 out of total 20000 shares), in this case is it required for Mr.A company to keep a nominee shareholder (since a company is becoming a shareholder of another company).
Kindly let me know, it will be very helpful for me and thanks to everyone who left there answers here to enlighten me. It will great if you let me know the section or any provision regarding this.
Thank you.
We Established a software company with two resident indian shareholders ( 99% and 1% each one respectively). This software company has a 100% wholly owned subsidiary engaged in fdi not allowed agricultural and construction of farm house business. Now One Shareholder who had 1% willing to sell shares to Foregn Residents through FDI.In these circumstances,Is FDI allowed in a software company which has an FDI prohibited subsidiary company?
Answer nowHello. We are new startup. We have paid up capital of 1 lakh and authorised capital of 10 lakhs, face value is 10. Two directors with 50/50 split= 5000 shares each. Now we have an invester with 1 lakh rupees and we want to give 1000 shares to him. In Form SH4, under consideration recieved shud we mention as 1lakh rupees??
Answer nowWhat sort of structure can be legally permissible for having a different registered owner and beneficial owner?
If I have purchased shares of a company over a period , when I sell part of them ,hope I can consider old or new lot for working out gain or loss
Or FIFO etc is applicable
Respected Members,
I hope you all are doing well!
I am a full-time employee working in Noida. I want to start a course in the stock market. Can someone please let me know the best institute for doing the course and learn how to trade?
I have been acquiring stocks in small quantities since year 2000 till recent and never sold them . Till now the investment value at Cost is INR.16Lacs and the market value has soared to INR 40Lacs. Please let me know if LTCG will be applied and payable on the sale value in case i intend to sell them now. Will indexation apply on these share acquired many years back. Please let me know how this will work out. Thanks, expecting support and advise.
Answer nowFor experts opinion please:
Does SEBI Rules invalidate shares held in physical form after 31-March,2019.
Can holder of physical shares DE-materialize after 31-March 2019
Does that mean the restriction applies to transfer and not holding physical shares.
I had invested in a particular ELSS Direct (Growth) fund lumpsum 3 yeara ago to save tax u/s 80C. Now, on completion of the lock-in period that fund has given good return (56% absolut). Would it be advisable to invest again in that fund this year after redeeming the old units?
Answer nowI,would like to know the last date for booking loss of stcg on listed shares for getting deduction in the ITR filing of AY 2018-19
Answer now
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Acquisition of Shares