section 236 of the companies act 2013 enables a shareholder holding 90% shares to acquire the shares of minority shareholders. if a company has only 2 members (mr. A holding 10% shares and Mr.B holding 10% shares.) whether by virtue of section 236, if Mr. A purchases shares of Mr. B will the company become a one person company?
Menu
Section 236 of the companies act 2013
Replies (2)
Sec.236 of CA 2013 will be applicable only to listed companies. Refer Explanation below sub-section (8) for definition of acquirer and 'person acting in concert'.
hello Sir,
An unlisted public limited company wants to acquire 8% shares of those members who are holding less than 1% shares in the Company.
is the same is allowed, if yes unedr which provision.
I guess Section 236 provides the same.
Recent Threads
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
Related Threads
CAclubindia
