Re: Query related to submission of share capital audit report under regulation 55A by Unlisted Public Company

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Poornisha Rao

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Apr 29, 2019, 2:51:41 AM4/29/19
to CS Preeti Bhardwaj, CSLinkedinFb, csmy...@googlegroups.com

I guess it eform gnl 2.

Regards,
CS Poornisha Rao

On Mon, 29 Apr 2019, 12:01 pm CS Preeti Bhardwaj, <cspreeti...@gmail.com> wrote:
Hi all,

Has anyone filed the Share capital audit report under regulation 55A to ROC as per new amendment. 

I just want to know how to submit the share reconciliation report with the registrar as there is no prescribe form for the same?

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Regards,

CS Preeti Bhardwaj

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Poornisha Rao

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Apr 29, 2019, 2:53:19 AM4/29/19
to CS Preeti Bhardwaj, CSLinkedinFb, csmy...@googlegroups.com
Can you send me the format for share capital audit report.

Regards,
CS Poornisha Rao

Poornisha Rao

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Apr 29, 2019, 3:49:50 AM4/29/19
to CS Preeti Bhardwaj, Manisha sharma, CSLinkedinFb, csmysore
You can't submit until you get the shares dematerialized. Pls wait until the shares are dematerialized and then proceed with delayed fee.

Regards,
CS Poornisha Rao

On Mon, 29 Apr 2019, 1:02 pm CS Preeti Bhardwaj, <cspreeti...@gmail.com> wrote:
Thanks Manisha & Poornisha.

Till date all our shares certificate are in physical form and dematerialization is under process. Do i still  need to submit this certificate?

On Mon, Apr 29, 2019 at 12:30 PM Manisha sharma <sharmama...@gmail.com> wrote:
Please find attached standard format of Reconciliation of Share Capital Audit Report for unlisted companies. 


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With Regards,
ACS Manisha Sharma

Apoorv Shrivastava

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Apr 29, 2019, 4:19:43 AM4/29/19
to csmy...@googlegroups.com, spoorn...@gmail.com
Madam

1) In case of Unlisted Public Company shareholders can hold shares in physical form but they can not transfer and no new shares can be issued in physical form and till now so such date prescribed by the government for compulsory conversion of physical shares into demat so untill and unless in case of a unlisted public company no shares in demat form why we will take audit report under 55a?

2) If shares will  DEMAT in near future then we will take audit report under 55a and file it with roc from that period, why we will take audit report under 55a and file with  late fees for that period in which we have all physical shares?

 

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Poornisha Rao

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Apr 29, 2019, 5:21:30 AM4/29/19
to Apoorv Shrivastava, csmy...@googlegroups.com
In my opinion,

Rule 9A states unlisted public company shall issue the securities only in dematerialized form and facilitate dematerialise for all its existing securities.

So in ur case even if the company didn't issue or transfer or allot any securities it is compulsory to dematerialise the existing securities as per rule 9A.

Moreover if you see the share audit format ISIN for all securities is compulsory without which the audit can not take place.

Regards,
CS Poornisha Rao
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