Validity(time limit) of shareholders resolution
This query is : Resolved
11 September 2012
Sir,
Company wants to consolidate its shares and for that it has taken shareholders resolution in AGM held on 30th September,2011 , till date the Company has not consolidated its shares;in this regards I want to know till what time Company can consolidate its shares i.e time till which resolution passed by shareholders is valid.
Kindly let me know any sections of Companies Act,1956, which speak about this.
Company wants to consolidate its shares and for that it has taken shareholders resolution in AGM held on 30th September,2011 , till date the Company has not consolidated its shares;in this regards I want to know till what time Company can consolidate its shares i.e time till which resolution passed by shareholders is valid.
Kindly let me know any sections of Companies Act,1956, which speak about this.
11 September 2012
once resolution is passed, is valid until withdrawal.
u hav to filed necessary forms with late fee with take care of financial statement representation.
u hav to filed necessary forms with late fee with take care of financial statement representation.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- DIN reactivation
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- Eway bill generation from place other than registeted
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- 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
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
