Splitting of shares
This query is : Resolved
24 August 2013
A Share Certificate bearing No. 1 for 10 shares of Rs. 10 each and having denomination no.1 to 100.It is now split into 2 certificates of total value Rs. 50 each.Whether denomination Nos. now will be from 1 to 50 and then 51 to 100 or from 101 to 150 and then 151 to 200.
24 August 2013
Dear Sir..
The splitting of shares means split of share certificates in more than one share certificate.
In your case the distinctive no will be same. It will be for first certificate 01 to 50 and for other it will be from 51 to 100.
You can not do 101 to 150, because this distinctive no. is already given to other shareholders.
The splitting of shares means split of share certificates in more than one share certificate.
In your case the distinctive no will be same. It will be for first certificate 01 to 50 and for other it will be from 51 to 100.
You can not do 101 to 150, because this distinctive no. is already given to other shareholders.
Message likes :
1 times
24 August 2013
I also hold the same view as given by Mr. Ajay Mishra.Otherwise last denomination no. will not tally with the total no. of shares issued.
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
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- FORM 141 SDV query
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- GST not cancelled by tenant
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
