Details in Compliance Certificate
This query is : Resolved
11 March 2011
Sir,
Is it necessary to mention of share transfer to other member during the financial year in Compliance Certificate?
Company has 1,00,00,000/- Rs share capital and among of its 76% shares have been transfered to other member.
Will it be valid if Company Secratory is mentioning that the company has not issued any equity shares during the financial year and the company has not bought back any shares during the financial year in its compliance certificate?
Or he must have to mention regarding transfer of shares to other members.
Can we claim this in CLB? That he has not mention regarding transfer of share.
Please reply,
Looking for your patronage,
Regards,
Mr.Sumit Khandelwal
Is it necessary to mention of share transfer to other member during the financial year in Compliance Certificate?
Company has 1,00,00,000/- Rs share capital and among of its 76% shares have been transfered to other member.
Will it be valid if Company Secratory is mentioning that the company has not issued any equity shares during the financial year and the company has not bought back any shares during the financial year in its compliance certificate?
Or he must have to mention regarding transfer of shares to other members.
Can we claim this in CLB? That he has not mention regarding transfer of share.
Please reply,
Looking for your patronage,
Regards,
Mr.Sumit Khandelwal
12 March 2011
No, the fact of the transfer of shares is not mandatorily to be covered by the Practicing Company Secretary in the Compliance Certificate.
The points as aforesaid if covered by the PCS shall be suufficient compliance.
God Bless
CS Udit Sharma
The points as aforesaid if covered by the PCS shall be suufficient compliance.
God Bless
CS Udit Sharma
12 March 2011
Agreed With Experts u can part way with this.
12 March 2011
Thank u..
Regards,
Mr.Sumit Khandelwal
Regards,
Mr.Sumit Khandelwal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Itr 1 processing
- Reporting Income under Section 44ADA
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Eway bill for machinery reparing
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
