Transfer of Shares, Corporate Laws / SEBI / LLP

[CLARENCE PEREIRA]

I have a Company with all shares held by Family Members. There are 2 other Companies which are 100% held by the first Company. I want to issue shares to the Family Members of the 2 Companies in the same proportion as held in the first Company. Can I do this without any share consideration/capital gains for the first Company? as the shareholders of the first Company are de facto shareholders of the other 2 Companies.

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

Have you got cleared on this issue, Sir?

[Ganeshan Kalyani]

Sir, I agree with Sri Kasturi Sir. Also I would like to seek answer of the query from Sri Mariappan sir to enrich my knowledge. Thanks.

[MARIAPPAN GOVINDARAJAN]

Despite the fact indicated by Shri Sethi and Shri Ganesh, it is the purpose of getting clearance of the query. As such I requested the querist whether he got clarified in the said issue.