Form 4C - Buy back of Securities

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Hi Friends,

1)  I am bit confused with the format of the attachments as given in help form of Form 4C. My query is regarding the second attachment dealing with "Particulars relating to holders of securities before buy - back".  Going by this statement i think we have to attach all the shareholders who were holding shares before buy - back. However the format enclosed in help form requires details of the folio number of the security bought back. How is it possible.

In my case as on 1/11/2010 there were 100 shareholders. On 20/11/2010 there were 25 shareholders (we bought back the shares of 75 shareholders). Now what details should i give in the "Particulars relating to holders of securities before buy - back" as required by ROC in their format.  Whether it will be details of  all 100 shareholders or 75 or only balance 25 shareholders.

2) We also have to file a certificate from a CS in wholetime practice regarding the completion of buy back. My query is whether the same will be attached to Form 4C or it has to be filed with any other forms.? If any other form . than which?

Rgds, Ronak

Replies (4)

Hi...

In my opinion u have understood completely correct. In case of attachment you have to mention the  the particulars of the 100 shareholders have to be mentioned in 'Particulars of the holders of securities before buy-back) and in Point 17 of Form 4C you have to mention the details by way of percentage holding taking into consideration the shareholding after the buy back which will be only in respect  of remaining 25 shareholders.

You should attach the Certificate of completion of Buy-Back with this Form only.

God Bless

Udit Sharma

Hi Udit,

Thanx for quick response, but r u sure that the certificate frm PCS should go along with Form 4c itself. b'coz, i heard someone telling it as form 62. Can u confirm d same.

Rgds, Ronak

hi,

CAN SOMEONE POST THE FORMAT OF THE CERTIFICATE TO BE GIVEN BY THE CS

 

THANK U

Certificate of PCS is required to be filed with Form 62.

 

 

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