A company wants to consolidate its share capital. At present it has a share capital of 40,00,000 shares of Rs. 10 each. After consolidation, it becomes 2000 shares of Rs. 20,000 each. Is this possible, such a large denomination? Also, kindly suggest some case laws on the same.
Menu
Consolidation of share capital query
Replies (1)
till now there is not any such privision is provided related to the denomination of the share face value
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
