Hi Friends,
I have a query. There is a Pvt ltd company which is a 100% subsidiary of foreign holding company. More than two months ago they raised fresh capital and issued 100 % shares to its holding company. They have only filed the requisite fees with MCA while amending Authorised capital limit, Now my problem is that upto what period they can issue Share Certificates and what is the procedure for getting them stamped. The company is registered in Delhi. How actually one should proceed for it.? Is there any relief in case of default of the relevant provisions?
Urgent !
CAclubindia
