09 November 2009
Q.1 We are planning to make a parent holding co. for bette control and also for fund movement in group companies. So which form of company would be better for this. NBFC, PVT co, or PUBLIC Co. or any other?
Q.2 In case of wholly owned subsidiary there is only 1 shareholder. Then what would happen in AGM, as in AGM 2 members required for quoram to held AGM for a PVT LTD Co.?
09 November 2009
PROCEDUTE FOR ALLOTMENT OF SHARES
Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.
Procedure
1. First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment. 2. Download form-2 from MCA Site www.mca.gov.in 3. Fill form-2 and attach list of allottee. 4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.