Hello, friends
I have aquery regarding WOS
My company is public limited company and wants to purchase the 100 % share of an existing public limited company who became our WOS . Now what is the procedure to do so ......
sangeeta (M.Com) (27 Points)
20 February 2014Hello, friends
I have aquery regarding WOS
My company is public limited company and wants to purchase the 100 % share of an existing public limited company who became our WOS . Now what is the procedure to do so ......
sangeeta
(M.Com)
(27 Points)
Replied 20 February 2014
Pls sove my query..........its urgent
thanks in advance
Arvind Sharma
(ACA)
(1432 Points)
Replied 20 February 2014
There is no bar on transfer of shares by a Public Limited company. Please refer procedure and legal requirement under Companies Act. If the company is unlisted Public Limited, you has to get transfer deed and get it registered/filed with concerned ROC. And in case of listed company, you has to obey provisions of Exchange and Other Rugulations.
Please consul with your CA/CS dealing with takeover of the company.
sangeeta
(M.Com)
(27 Points)
Replied 20 February 2014
Thanks for ur reply....
yes its unlisted public company and how we can registered the transfer deed in roc..
and there is req. the declaration of the 2 subcriber & nominee in form-22B ROC & how
sangeeta
(M.Com)
(27 Points)
Replied 20 February 2014
thank you sir actual there is no proffesional who give accurate information and i m not aware and known regarding this.......so support me
thanks
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 20 February 2014
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