split of shares
This query is : Resolved
16 November 2009
we are spliting shares in a private limited company
what is the legal requriment of split of shares
what is the legal requriment of split of shares
17 November 2009
Splitting of shares should be permitted within AOA, if not, AOA should be altered to include the provisions for splitting ( sub-division ) of shares. Then a Board Meet should be called after giving notice to all directors to decide abt the sub-division of shares and to fix up the time, place and agenda for General meeting. In the General Meeting a resolution to be passed for splitting of shares. Then the notice of sub-division of shares to be filed with ROC in Form 5 within 30 days. Also make necessary changes in share certificates, records, documents and registers of company.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
