Amendment in share capital, allotment etc

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 !

Replies (2)

Share certificates have to be issued within two months as provided in Section 56(4).  As regards stamp duty you have to refer to provisions of your local stamp law.

 

What will be the outcome if the company has failed to get the share certificates stamped as per local stamp law?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details