Selling of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 September 2011
SENIOR CITIZEN WAS A DIRECTOR OF PRIVATE LTD COMPANY AND HOLD SHARES OF RS. 300000. ON JUNE 2009 SHE WITHDRAW FROM DIRECTORSHIP BUT STILL TODAY SHE HOLD SHARES OF RS. 300000.PLZ TELL ME WHAT WILL BE THE PROCEDURE IF SHE TODAY WANT TO SELL HER SHARES.IS THERE ANY SECTION APPLICABLE IN THE CASE AS SHE WITHDREW FROM DIRECTORSHIP?
CS Pawan Kumar Baid
(Expert)
28 October 2011
Share can be sold by following procedure specified u/s 108 of the companies act read with sec 111.
Any changes in the directors should be intimated in Form 32 to MCA.
Any changes in the directors should be intimated in Form 32 to MCA.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- 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
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
