Whether Form 2 has to be filed in case of Newly formed Private Limited Company?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 15 April 2010
Form-2 is not required to be filed for subscribers hence no formal allotment is required in case of subscribers. They are deemed members and shareholders of the Company.
However if you have made any fresh allotment of share than you have to file form 2 with 30 days of board meeting allotment.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India