Section - 75 - Companies Act, 1956

Section - 75 - Return as to allotments

Return as to allotments.

75. (1) Whenever a company having a share capital makes any allotment of its shares, the company shall, within

[thirty days] thereafter,—

(a) file with the Registrar a return of the allotments

, stating the number and nominal amount of the shares comprised in the allotment, the names, addresses and occupations of the allottees, and the amount, if any, paid or due and payable on each share :

[Provided that the company shall not show in such return any shares as having been allotted for cash if cash has not actually been received in respect of such allotment;]

(b) in the case of shares (not being bonus shares) allotted as fully or partly paid-up otherwise than in cash, produce for the inspection and examination of the Registrar a co .... To read the full section download the app from Google Play store