This Query has 1 replies
Dear Experts,
We are a public ltd co. with about 800 shareholders. had issued shares way back in 1968.
now the promoters of the Company are purchasing the shares of other shareholders.
However many of the shareholders who are also ex employees of the company have lost there share certificates.
the value of these shares are hardly about Rs. 500 to Rs. 1000.
hence all are not ready to follow the procedure for issue of duplicate share certificate as the cost is much higher than its value.
Can the Company waive the requirement of Public Notice and Indemnity in this case.
As if these shares are transferred, then a lot of cost to the Company can be saved due to reduction in number of shareholders.
kindly guide how company can go ahead with issueing duplicate share certificates...
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what is the difference between question of law and question of fact? Please explain with examples in details
This Query has 2 replies
Dear Experts
Our client has formed firm of 2 partners which was also registered with Registrar of Firms. But now one partner has to exist and another one joins. What would be the procedure for the same. Pls guide the steps.
thanks.
This Query has 1 replies
Dear sirs,
A non resident company-A sells goods to independent agents in India. A non resident ship-B in Indian waters requires some goods. B contacts A who in turn buys goods from the agents and the agents deliver them to B. Payment is received outside India by A from B.
Please explain if there can be any Fema implication arising from the above transaction? Whether the said transaction qualifies as current account transaction?
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Sir/Madam
I would like to know, in case of a trademark licensing agreement between an indian company and foreign company, for the payment of royalty as per the rbi circular (RBI/2009-10/465 A. P. (DIR Series) Circular No. 52)it can be done for how much ever amount without the approval of rbi through authorised dealer banks. For the tax purposes the company has to comply with the procedure detailed in CBDT Circular No. 4/2009 dated 29 June 2009, by filling form 15 ca & form 15cb. My query is if the agreement between the companies are quarterly payment of royalty and the indian company makes default in payment for the last two quarters. in the next financial company wishes to make the back payments and the fresh payments. what will be the accounting treatment for the back payments made? will it be accounted in the current financial year?
Please someone answer my query at the earliest as it would be really helpful for me.
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Issue of duplicate share certificate