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Allotment of Share to Subscribers of MOA after Incorporation

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Ronak Gudhka (Management Trainee) (21 Points)
Replied 14 October 2016

What if out of three subcsribers one of them does not wish to subscribe for shares? 



Sarika Jain (2 Points)
Replied 07 February 2017

Whether share certificate required to be issued to the first directors of pvt Ltd co. And when is pas -3 required to be filed ?


Jithin scaria (Practicing Company Secretary)   (112 Points)
Replied 07 February 2017

Pas 3 is required for allotment of shares.

Share certificate is issued to Shareholders.


Gideon Adeyemi Adegbite (2 Points)
Replied 16 March 2017

I would like to know if you can reduce the number of allotted allocated to subscribers in the memorandum of association. And what are the steps to take to reduce the allotted share?



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