Form 2 & form 5
This query is : Resolved
10 August 2012
Dear Experts
Kindly reply to the following query:-
A company had allotted 252500 equity shares on 05/10/2011 and filed Form 2 in this regard on 07/04/2012. After this, authorised capital was increased by the company w.e.f. 10/03/2012 and Form 5 was filed on 09/04/2012 in which the effect of increased paid up capital was not shown by mistake. Due to this, the master data is showing old paid up capital.
Company had also allotted 1788444 equity shares on 03/10/2011 but forgot to file Form 2 in this regard.
Now what should be done in this case as by filing fresh Form 2 dated 03/10/2011 will result in defect/error in form 2 & form 5 already filed with MCA.
Thanks & Regards
Darshan Kaur
Kindly reply to the following query:-
A company had allotted 252500 equity shares on 05/10/2011 and filed Form 2 in this regard on 07/04/2012. After this, authorised capital was increased by the company w.e.f. 10/03/2012 and Form 5 was filed on 09/04/2012 in which the effect of increased paid up capital was not shown by mistake. Due to this, the master data is showing old paid up capital.
Company had also allotted 1788444 equity shares on 03/10/2011 but forgot to file Form 2 in this regard.
Now what should be done in this case as by filing fresh Form 2 dated 03/10/2011 will result in defect/error in form 2 & form 5 already filed with MCA.
Thanks & Regards
Darshan Kaur
10 August 2012
yes you can file fresh form 2 with rectification and a application attached detailing the mistake to ROC concerned.
Message likes :
1 times
10 August 2012
Thanks for the reply Mr. Taher
If i file fresh Form 2 from back date than the form 2 & form 5 already filed will become wrong and there is no provision to file revised Form 2 & Form 5.
If i file fresh Form 2 from back date than the form 2 & form 5 already filed will become wrong and there is no provision to file revised Form 2 & Form 5.
10 August 2012
If the paid up capital is within Authorised cap thn u can goahead file form 2. otherwise while filing annual return u can rectify the mistake..
10 August 2012
Sir
What about the insertion of wrong paid up capital in form 5? Will the form b treated as wrong? How can we get it rectified than? Or should we leave it as it is?
What about the insertion of wrong paid up capital in form 5? Will the form b treated as wrong? How can we get it rectified than? Or should we leave it as it is?
10 August 2012
The form 5 will be treated as wrong as u have enterd wrong Paid up capital.
Leave the form 5 as it is, file rectified form 2 along with the application.
Leave the form 5 as it is, file rectified form 2 along with the application.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
