Rules on registration of private limited company
This query is : Resolved
02 October 2014
Does Subscribers to "Memorandum of Association" automatically become share holders of that company or do they need to file any returns?
A company has One lakh As Authorised, Issued and Subscribed Share Capital having two primary directors, two of them are stated as they will to subscribe 5000 shares each of 10Rs. Does these two become the share holders in immediate effect or they need to file any returns to ROC.
Reply at the earliest.
A company has One lakh As Authorised, Issued and Subscribed Share Capital having two primary directors, two of them are stated as they will to subscribe 5000 shares each of 10Rs. Does these two become the share holders in immediate effect or they need to file any returns to ROC.
Reply at the earliest.
02 October 2014
1. Subscribers to the MOA are share holders.
They need not file any forms/returns to ROC.
However, company has to file e-form ING-21 ,with in 180 days of its incorporation,to vouch that agreed upon subscription money has been brought in by the subscribers.
2. Same as above.
They need not file any forms/returns to ROC.
However, company has to file e-form ING-21 ,with in 180 days of its incorporation,to vouch that agreed upon subscription money has been brought in by the subscribers.
2. Same as above.
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
- GSTR9 Annual Return
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Ito add credit side of bank
- Employee secondment
- Applicability of tax on invoice
- Import of Capital Machine
- LLP audit and disclosure
- Capital gain on commercial property and investment in residential property
- Gift to nri relatives resides in usa
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
