Return of allotment for first allotment

In respect to the issue of shares to the subscribers of Memorandum, no return of allotment is to be filed. As it is considered to be Deemed Allotment.

The date of allotment shall be the date of incorporation of the Company and the date of issuance of share may be the date of first board meeting of the company wherein the share certificate have been issued to the subscribers of memorandum.

Thanks Ankur,

However, does that mean that in the first board meeting, the board need not pass a resolution for issuing and alloting shares to the subscribers?

No in such case even resolution is not required. However, it is to note that certificates have been issued to them and details of certificates may be noted as well.