Transfer of shares not recorded
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2013
Dear Sir/Mam,
Please throw some light on my query. Suppose a Company made some transfers in year 2010 but does not recorded these transfers in its registers and no transfer deeds were executed. Moreover, no transfers were shown in the annual return of that year.
But effect of such transfers was given in DR as a Director also transferred his shares and his shareholding was shown in Directors Report. Can we make new transfer deeds of current year giving them effect from this year or is there any other possible remedy?
Regards
Please throw some light on my query. Suppose a Company made some transfers in year 2010 but does not recorded these transfers in its registers and no transfer deeds were executed. Moreover, no transfers were shown in the annual return of that year.
But effect of such transfers was given in DR as a Director also transferred his shares and his shareholding was shown in Directors Report. Can we make new transfer deeds of current year giving them effect from this year or is there any other possible remedy?
Regards
28 September 2013
Hi
First of all, you should not mentioned such transfer details in directors report.
I will suggest you to make a transfer deed and execute the same as on date.
You also read the Director Report wordings, on the basis of it you can do it.
First of all, you should not mentioned such transfer details in directors report.
I will suggest you to make a transfer deed and execute the same as on date.
You also read the Director Report wordings, on the basis of it you can do it.
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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Rent lease agreement
- TDS Challan Code
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- SGST balance is there in credit ledger how to adjust for cgst
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
