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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2011 SHARE HOLDERS OF A PRIVATE COMPANY TRANSFER THEIR ASSETS TO A COMPANY FOR WHICH THEY RECEIVE EQUITY SHARES. NOW IN WHICH FORM THE COMPANY SHOULD FILE WITH ROC?

Jayashree S Iyer

Jayashree S Iyer (Expert)
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25 March 2011 Form 2 is required to be filed.

If there is any contract with the shareholders for allotment of fully paid up or partly paid shares in exchange of assets, then Form 3 is also required to be filed. If there is no contract, Form 3 need not be filed.