Form 2 send & how to issue share certificate

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Querist : Anonymous

Querist : Anonymous (Querist)

10 November 2013 Procedure For issue Share Certificate how to share certificate issued if share capital increase after send form 2 Roc

Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013 Please confirm, you have issued shares with in the authorised capital or not.

Querist : Anonymous

Querist : Anonymous (Querist)

10 November 2013 issued shares with Authorised capital

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Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013 There are following procedure or issuing and allotting shares:

1. After receiving share application money in bank account/cash, call a Board Meeting for issue and allot shares to the investor.
2. Hold Board Meeting for issue and allot shares
3. After issuing & allotting shares file Form-2 with ROC within 30 days from the date of allotment.
4. Issue shares certificate as per provisions of section 113 of the Companies Act, 1956.
5. Make entry in Minutes
6. Give the details of shareholders in Form-20B(Annual Return) with ROC annually with in 60 days from the date of AGM.

Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013 You will issue share certificate with in 2 months from the date of allotment after payment of stamp duty on such share certificate.

So make application to revenue department for making payment to revenue deptt.

Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013 Procedure:

Stage-1 Application to SDM (Concerned Registered Office of the Company)
Stage-2 Application forwarded by SDM to Finance Secretary
Stage-3 Finance Secretary Send Note to the Governor of the state
Stage-4 After due approval Finance secretary issue an approval to SDM
Stage-5 SDM issue challan on the basis of approval
Stage-6 Amount of stamp duty deposited in bank
Stage-7 A certificate of payment of duty issued by the SDM

Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013

To,
SDM
Connaught Place (Patiala House No.18)

Sub: Payment of Consolidated Stamp Duty on allotment & issue of Share Certificate.

Respected Sir,

With due regard we would like to acknowledge you that Our Company incorporated on the date………….. having company No. ……………. and subsequently wants to allotte shares to the shareholders. Company decided to make consolidated payment of stamp Duty in respect of share Certificate issue to the Shareholders.

The Share allotment details are hereunder:

Type of Security No of Share Certificate Folio No. Distinctive No. Face Value of Share Total Amount Paid

For ………………..

Director/ Authorized Person

Annexture:

1. Share Certificate (Specimen)
2. Memorandum & Article of Association
3. Board Resolution authorizing allotment of Shares
4. Form-2
5. Share Holding Pattern
6. Power of Attorney to present the matter.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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10 November 2013 Well explained by experts Mr. Ajay Mishra.

Sir, Please confirm whether for consolidated Duty , we have to file applciaiton to SDM , Shamnath Marg, Near Tis Hazari, Delhi or Patiala House.

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Ajay Mishra

Ajay Mishra (Expert)
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10 November 2013 Near Tis Hazari.