Shareholding pattern
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 December 2011
dear sir/madam,
my co. is a limited (not listed) co. i have 10 shareholders, one of the shareholder has moved out of country and nw her status has been changed (as NRI status).
1) in above case i want to knw whether she can can continue to be our shareholder as it is???
2) or i need to comply with some provisions,if yes let me knw the provisions???
3) its effect if co. is converted into pvt limited?????
thanks
regards
miss tanveer ahuja.
my co. is a limited (not listed) co. i have 10 shareholders, one of the shareholder has moved out of country and nw her status has been changed (as NRI status).
1) in above case i want to knw whether she can can continue to be our shareholder as it is???
2) or i need to comply with some provisions,if yes let me knw the provisions???
3) its effect if co. is converted into pvt limited?????
thanks
regards
miss tanveer ahuja.
30 December 2011
Yes, she can continue.
But if she invest further than RBI compliances are neded to be made
But if she invest further than RBI compliances are neded to be made
Message likes :
1 times
30 December 2011
Yes she can continue to be the Shareholder.
Her status remains as a shareholder even if the company is converted into private company.
As rightly said by Mr. Gurvinder if she further invests then RBI compliances are required.
Her status remains as a shareholder even if the company is converted into private company.
As rightly said by Mr. Gurvinder if she further invests then RBI compliances are required.
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
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Missed TDS
- TDS NOT YET CREDIED
- TDS refund Indemnity Bond
- Gst reverse charge mechanism to be claimed in the month of payment
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding reporting of exempt foreign remuneration in ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
