20 November 2014
Dear, Abc private limited which have SHARE APPLICATION MONEY PENDING ALLOTMENT, now wants to allot shares to its existing shareholders i.e. convert application money into paid up share capital. What will the procedure and filing forms etc.
21 November 2014
allot shares as private placements. first arrange board meeting issue draft letter of offer ie. PAS - 4. file letter of i.e. PAS - 4 with GNL - 2 than arrange EGM and pass ordinary resoution for issue of shares. file resolution with MGT - 14. after duly approval of forms file PAS - 3. maintain complete record in form PAS - 5
CAclubindia
