abhimanyu

For selling physical shares in a private limited company. SH-4 Form is to be filled up. Please advise

1. What is the rate of share transfer stamp duty for transfer of physical shares.
2. Is rate of stamp duty same all over India
3.Can stamp duty be paid by buying share transfer stamps
4.If yes, from where such share transfer stamps can be purchased.
5. Can share stamps purchased in Delhi be used for transfer of shares of a company having registered office in Mumbai.


Mehak Khandelwal
23 June 2021 at 15:49

Compliances requirements

What is a complete procedure and compliance requirement to change status of director from non-executive to executive?


Rajeev Arora

Respected Sir

We have two private limited companies, having share capital of Rs. 1 Lac each, for which we have to pay stamp duty for issue of shares of newly incorporated :-

1.One Company is Delhi based -we found https://www.shcilestamp.com/estamp_share_issuance.html (this is schil link for payment of stamp duty in case of issue of shares). Is there any need to collect documents from their office after making online payment, on this website ?

2.Other Company is Noida based - Is there any online website for this city as well without visiting any office or we will have to make payment by visiting the registrar office?

Please reply

Thanks and Regards
CA Ankita Gupta


k.v.subrahmanyam

Respected sir
Section 130 of companies act 2013 permits reopening of accounts on order by court or tribunal having jurisdiction when an application is made by Central Government,
the Income-tax authorities,
the Securities and Exchange Board,
any other statutory regulatory body or authority
or any person concerned

My question are
1. Any person concerned means and include a share holder of the company also?
2. Can a share holder make an application to tribunal for reopening of accounts provided it can be proved that the accounts were previously prepared on fradulent manner without following accounting standards and mismanagement took place.?

Kindly advice
Subrahmanyam





Pooja Sharma
16 June 2021 at 17:05

Board Resolution Format for Trust

i request you to please provide me the format of Board resolution for transferring of assets of a dissolving trust to another and surrendering PAN of Trust , surrendering Registration under section 12AA and 80G .


RAKESH KUMAR
15 June 2021 at 11:13

Associated Companies

If two companies have same registered office and are engaged in business with each other, will they be considered as associate companies, by virtue of the management control.

If yes, are the associated companies required to prepare consolidated financials. How to report the financials, if the associate companies have different auditors.

What are other disclosures to be made, in this regard.

--
Thanks and Regards


priyanka pandey
11 June 2021 at 13:18

Independent director 149(6) (e)

who neither himself nor any of his relatives- is or had been employee of the co . in any of 3 fy immediately preeceding the fy in which i.d is proposed to be appointed.
provided in case of relative who is emplyee the restriction under this clase shall not apply during 3preecding 3 fy.


my dobut is... in first para it says for 3 fy relative shall not be associated as employee of co, and in 2nd para it allows those relatives who are associated as employee during 3 pfy.

dear members plz...help me with correct interpretation.


RAJEEV KUMAR MEHTA
10 June 2021 at 17:43

SPLIT OF SHARES AND BONUS THEREON

A company has in its board meeting approved split 1 share of Rs. 5/- in 2.5 share of Rs.2/-.

Further in the same board meeting 1:1 Bonus has been approved. First shares et split and then the bonus shares would be allotted of course all subject to approval of shareholders.

So efectively if one holds one share theoretically he would have 5 shares once the process is completed.

However the question arises is how whether Company can allott bonus shares in fraction?

Would appreciate response!


praveenrs jrsca

Hello Sir/Madam,
Query: If one of the directors is appointed as Director under section 8 company, but the company has not filed INC20A (Commence of business not filed) please advise how the director can take resignation-way out to exit from section 8 company.


SENTHIL SELVENDRAN
08 June 2021 at 19:49

MCA Forms upload error

Dear Friends,

I am handling one company incorporation after submitting the documents it has been sent for resubmission to rectify some details. After rectifying the defects, I try to resubmit the documents but it says " Details of Directors entered in SPICe Agile form does not maches details as entered in SPICe form.Kindly enter the correct details"  I have gone through the entire form but no mismatch is found. I need your suggessions/help to resolve this issue.

Thanks.





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