Takeover / Share holder
This query is : Resolved
Subrahmanyam
(Querist)
15 October 2008
a)
Can a CA Firm on its name have a demat a/c and acquire shares of any listed company through open market purchase & oppen offer.
b)
Can a CA Firm be a stake-holder in a Pvt. Ltd Co.
Can a CA Firm on its name have a demat a/c and acquire shares of any listed company through open market purchase & oppen offer.
b)
Can a CA Firm be a stake-holder in a Pvt. Ltd Co.
15 October 2008
a) ?
b)Shares cannot be issued in the name of a partnership firm.
b)Shares cannot be issued in the name of a partnership firm.
CA Bosu babu
(Expert)
22 October 2008
A) YES THEY CAN HAV A DEEMAT ACCOUNT YA...AND THEY CAN DO PURCHASE FROM OPEN MARKET(SUBJECT TO SEBI GUIDELINES LIKE MAX NO OF SHARES CAN BE ACQUIRED)
B) THEY CAN BECOME A SHARE HOLDER IN A PVT LTD COMPANY.(HOWEVER HE CANNOT BE AN AUDITOR FOR THE SAME COOMPANY)
B) THEY CAN BECOME A SHARE HOLDER IN A PVT LTD COMPANY.(HOWEVER HE CANNOT BE AN AUDITOR FOR THE SAME COOMPANY)
S.Srinivasaraghavan
(Expert)
30 October 2008
Shares can not be issued in the name of partnership firm.
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