06 December 2010
1-Whether is there any requiremnet in public unlimited company regards to paid up capital? 2- What is the procedure of allotemnt of share in public unlimited company
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.
CAclubindia
