Goyal Malhotra & Associates Semi Qualified Company Secretary Interview Questions, Process, and Tips for Experienced

Private placement is for raising capital from a select group of investors, while preferential allotment is for issuing shares to a specific group of people.

• Private placement is a method of raising capital by offering securities to a select group of investors, such as institutional investors or high net worth individuals.

• Preferential allotment is the process of issuing shares to a specific group of people, such as promo...read more

Conversion from private company to LLP and vice versa

• Conversion from private company to LLP requires approval from ROC and consent of all shareholders

• LLP to private company conversion requires approval from ROC and consent of all partners

• Alteration in MOA and AOA is required for both conversions

• Stamp duty and registration fees are applicable for both conversions

• LLP to private company conversion may result in tax implic

Increase authorised share capital by passing a special resolution and filing necessary forms with Registrar of Companies.

• Convene a board meeting to pass a resolution for increasing authorised share capital

• Conduct a general meeting and pass a special resolution with the approval of shareholders

• File necessary forms with Registrar of Companies within 30 days of passing the resolution

• Pay requisite fees for filing forms and...read more

Stamp duty is levied on transfer of shares as per the Indian Stamp Act, 1899.

• Stamp duty is a tax levied on the transfer of shares in India.

• The rate of stamp duty varies from state to state.

• Stamp duty is usually paid by the buyer of the shares.

• Stamp duty is calculated on the market value of the shares being transferred.

• Stamp duty is paid by affixing stamps on the share transfer deed or through e-stamping.

• Stamp duty is a...read more