Shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2013
CAN A PRIVATE COMPANY ISSUE SHARES TO A MINOR CHILD. IF YES WHAT ARE THE FORMALITIES FOR IT.
PLEASE REPLY
THANKS IN ADVANCE
PLEASE REPLY
THANKS IN ADVANCE
28 December 2013
Hi
It is not possible. However you can do allotment in the name of guardian of minor.
Thanks
It is not possible. However you can do allotment in the name of guardian of minor.
Thanks
Ankur Garg
(Expert)
04 January 2014
Agree with the opinion of expert.
Fully paid up shares can be allotted to minor through his/her guardian.
Fully paid up shares can be allotted to minor through his/her guardian.
Message likes :
1 times
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- 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
- 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
