Very urgent query

999 views 5 replies

 

 

Dear All,

                     Can a Shareholder bring in an asset in consideration for allotment of shares in a pvt ltd co.

Please specify the relevant rule , where its mentioned.

 

 

Thanks,

 

 

             

Replies (5)

Dear Sonia,

 

Yes..it can be done….it will be shown under share issued for a consideration other than cash.

 

Under Section 75 of the Companies Act, 1956, issue of shares for consideration other than cash can be made by a company provided that they also file the relevant contract  pursuant to which such allotment was made to the Registrar of Companies within thirty days of allotment.

TAX CALCULATION ON SOCIETY INCOME if the total recpt of society is upto 1,60,00,000/- and profit is 1200000/- without approval of 12A under income tax.

Ankit is right. See the rules in co. Act

Thanks Ankit,

           Can you share the Contract format if you have ?
      And if the Contract is not filed till what time it can be filed ?
       As the shares have been allotted during December 12.

Thanks

Have replied to your Pvt Msg…plss Check

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details