Summary of Days in Companies Act and other acts.
| to file petition in case of change in objective by shareholders | 21 days after passing special resolution |
| to file petition in case of alteration of rights of shareholders | 30 days of the decision |
| Time to allot shares | 3 + 3 months |
| Return of allotment | within 30 days after allotment |
| Issue Share Certificate | Within 2 months after the allotment of shares |
| Closing of inspection of register of shareholders | 7 days notice (public company). close for a period of 30 days at one time, overall 45 days max in a year |
| Information on title to share to be provided | within 30 days of information sought by the company. the company shall provide details to the office within 7 days |
| Substantial Shareholder | Information to company within 3 days of 'Knowledge' of being a substantial shareholder or Ceasing to be a substantial Shareholder |
| Call of Shares | Notice to specify payment within 30 days. Additional 30 days to be provided to pay call with interest. Refund after forfeiture shall be made within 3 months after the forfeiture. |
| Preparation of appropriate strategy by BOD | within 35 days of knowledge of the matter (net worth is half or less than paid up capital) |
| Buy-Back | 12 Months from the date of adoption of resolution in GM. Details to be submitted to CRO within 30 days of buyback |
| Cancellation of bought back shares | 120 days of such buy back |
Published By
Aadesh Kandel
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