Allotment of Shares
This query is : Resolved
15 December 2010
A Private Limited Company has made allotment of shares on 2 occasions - within 10 days of each other. Does it require the Board to meet on 2 occasions and pass separate resolutions for these 2 allotments ? Can both these allotments be made in one Form 2 itself?
15 December 2010
In my opinion u can show One Board Meeting for the 2 allotments and pass a single resolution if the allottees are same.
In case the allottees are different, seperate resolutions should be passed.
Single Form 2 can be filed for both the allotments.
God Bless
Udit Sharma
In case the allottees are different, seperate resolutions should be passed.
Single Form 2 can be filed for both the allotments.
God Bless
Udit Sharma
15 December 2010
Hi
If the date of event is different, in that case you will file two Form-2 with ROC.
If the date of event is different, in that case you will file two Form-2 with ROC.
15 December 2010
You can file this form with different event dates (date of allotment) if these dates are within 30 days
of the filing date. If any of the date(s) are beyond 30 days, then separate form is to be filed for every
such event date. For example:
"Shares are allotted on 1st April; and then shares are allotted again on 5th April and on 15th April. In
such case details of all the three allotments can be filed through the same form only if the form is
filed on or before 1st May, as all the events would fall within 30 days. However, if the company files
the form on 10th May, then separate forms would need to be filed for each of these allotments."
of the filing date. If any of the date(s) are beyond 30 days, then separate form is to be filed for every
such event date. For example:
"Shares are allotted on 1st April; and then shares are allotted again on 5th April and on 15th April. In
such case details of all the three allotments can be filed through the same form only if the form is
filed on or before 1st May, as all the events would fall within 30 days. However, if the company files
the form on 10th May, then separate forms would need to be filed for each of these allotments."
15 December 2010
for reference
download form 2 e form with instruction kit.
download form 2 e form with instruction kit.
15 December 2010
In your case shares are alloted on two different occasions. Hence two board meeings are to be held and two resolutions are required to be passed. If it is passed in a single board meeting / resolution what's the justification for different dates of allotment?
As regards filing of Form 2, single filing is sufficient. Attach both the resolutions.
As regards filing of Form 2, single filing is sufficient. Attach both the resolutions.
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