Forfeiture & Re-issue of shares

CHANDAN KUMAR SINGH (COMPANY SECRETARY ) (49 Points)

17 February 2011  

Dear all,

1.) I want to know if a Private Limited Company forfeits partly paid up shares, is the Company required to file any specific Form to intimate ROC about happening of this?

Also, if the Company re-issues the forefeited shares, is it required to file any specific Form to intimate ROC about happening of this?

Further, how the changes shall be specified in the balance sheet for both forfeiture of partly paid up shares and re-issue of those shares?

Will appreciate your help.

Thanks and Regards