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Question ID : 44352

Signing of 15CB by a Shareholder of a company?

Can a Partner of CA Firm sign Form15CB Certificate and Issue it to the company of which he or his partner is Shareholder (very small qty of share bought through demat, Say Issued shares are 1000000/- and the CA holds 10 Shares. (No Controlling Interest in the company). (Minority Shareholder). Example: P and his Father (R) are Partners in a CA firm. R (Father) holds shares of AbC Ltd. Can P or R Issue 15CB to ABC Ltd?

Posted by CA. DOSHI RAJENDRA RAMCHAND on Aug 26, 2022

Filed Under CORPORATE & OTHER LAWS

Answer ID : 83681

Must not do to avoid the conflict of Interest.

Posted by CA. JHA SHANKAR KUMAR on Sep 01, 2022