Form 2 related

This query is : Resolved 

08 August 2012 Dear Experts
One of the Director of our company has filed e-FORM 2 with arrangement with CS, of allotment of shares IN HIS OWN NAME, without allotment money being paid and resolution to that effect is being passed.
Now How can we rectify it?
WHO IS PENALISED FOR THAT?

08 August 2012 get a checque with back date, provided that back date and date of allotement shall not be more than 6 months back from today.

later transfer the shares accordingly.

08 August 2012 Thaks but
Other directors wants to make this allotments itself as INVALID?
hence what CS should do?


08 August 2012 CS seems to be found guilty here. See if something can happen by internal arragement with Board otherwise CS along with Directors have committed breach which is punishable offence.

08 August 2012 Dear sir
May I know the Quantum of Penalty of Dire and CS.

MAY CERTIFICATE of CS be SUSPENDED?

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