Menu
company act
what is procedure as per companies act , 2013 for reduction in face value and increase in number of shares of the company at shareholders request ??
Replies (5)
hi .. this is called "share split" (not to be confused with reduction of capital) ... for share split ordinary resolution to be passed by members and form sh.7 to be filed with MCA..
means there is no specific provision for it or exemption or any rule ?? please clarify clearly and this topic regarding question asked in NOV 17 exams paper 2 !!
refer section 61
okk and Thanks
you may give suggested answer of paper 2 in IPCC NoV 17 exam
Recent Threads
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
- Ineligible itc under section 16(4) & itc restr
- Itc on when mixed sales percent in hospitality
- Apply for GST registration while working in MNC
Related Threads
CAclubindia
