Paid up capital vs subscribed capital
This query is : Resolved
23 December 2014
in a private ltd company authorised capital is 20000 shares of rs.10 each
on registration subscribers subscribed to MOA 20000 shares of 10 each
but by the year end 31 st march shareholders subscribed and paid up 10000 shares of rs.10
so balance sheet is made and filed with roc with paidup capital of 10000 shares of rs.10 each
in the second year 5000 shares are allotted to diffferent shareholder
in the second year end balance sheet is made and filed to roc as 15000 shares of rs.10 each
in mca masterdata is showing as paidup capital is rs.150000
what to do now?
on registration subscribers subscribed to MOA 20000 shares of 10 each
but by the year end 31 st march shareholders subscribed and paid up 10000 shares of rs.10
so balance sheet is made and filed with roc with paidup capital of 10000 shares of rs.10 each
in the second year 5000 shares are allotted to diffferent shareholder
in the second year end balance sheet is made and filed to roc as 15000 shares of rs.10 each
in mca masterdata is showing as paidup capital is rs.150000
what to do now?
Guest
Guest
(Expert)
23 December 2014
There seems to be an error. Once authorized capital has been fully subscribed to in the first year, how were 5000 shares allotted to different shareholder in second year?
23 December 2014
without aware of original shares subscribed, form 2 is filed as subscribed and paid up capital as rs.150000 after allotment
Guest
Guest
(Expert)
23 December 2014
You will need to file revised Form 2 (with the correct figures) alongwith attaching a letter therein stating the reasons for correction and the mistakes in the previous form. Also, approach your ROC and file the same letter asking him to nullify the effects of the previously filed Form 2.
24 December 2014
what about the balance sheets filed thro' 23 AC ACA for first year and second year?
24 December 2014
and also actual subscribed and paid up at the end of first year is rs.1 lac and at the end of 2nd year is rs.1.5 lac .. what to do ?
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