Allotment of Shares

The Dude (Specialist- Finance) (303 Points)

23 February 2010

I am attaching a flow chart of how shares are to be allotted. Plz tel me whether i am right

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The Dude (Specialist- Finance) (303 Points)
Replied 23 February 2010

OHHHH i could not attch...nyways plz go 2 dis link

https://i45.tinypic.com/bhhu85.jpg

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 23 February 2010

Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.

Procedure for allotment

First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment.
Download form-2 from MCA Site www.mca.gov.in
Fill form-2 and attach list of allottee.
Get form-2 certified from practicing CS/CA and upload the same on MCA Site.