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Share Allotment

This query is : Resolved 

27 August 2009 Whether shares can be alloted for receipt of cash???????????

27 August 2009 YES.

Shares can be alloted against receipt of cash.

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.


Regards

29 August 2009 Yes, I am agree with Ankur Garg




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