Allotment of shares & receiving money in part

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 April 2013 hi
my pvt. company is issuing 1crore shares @ rs.10/- each.money is being received in parts like 15% on allotment, 15% on application & remaining 70% on calls. the application & allotment money has been received but calls are due. so while filing form 2 what amt we will show in paid up capital?
will it be old PUC plus 1crore shares or old PUC plus application & allotment money?
PLS help its very urgent?
THANX IN ADVANCE

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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21 May 2013 You have to show Old plus 100% of 1 Cr. as your capital paid up is 1 cr. additional it is not material whether there is calls in arrears. only on forfeiture it will be reduced