wheather sec 75 apply to a pvt co or not when we form a new co. than the co. is required to file form 2 or not .
3 Replies
CA NP Mathi Lingan
(Practising Chartered Accountant)
(98 Points)
Replied 29 May 2008
Dear Akhil,
Sec 75 is applicable invariably to a Pvt & Public Co, Whenever an allotment is made Form 2 has to be filed within 30 days with the MCA. This is applicable for the first allotment also when the company is newly formed.
Mohit Garg
(CS)
(178 Points)
Replied 03 June 2008
Dear,
where as my knowledge is concerned shares are first required to be issued to Subscriber to MoA and AoA and there is no need to File Form-2 when the co. is issuing the shares to subscribers of MOA
Contrary views are invited
CA NP Mathi Lingan
(Practising Chartered Accountant)
(98 Points)
Replied 03 June 2008
Mohit u r right
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