Allotment of shares

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Querist : Anonymous

Querist : Anonymous (Querist)

22 February 2013 WHETHER FORM 23 IS REQD TO BE FILED IN CASE OF ALLOTMENT OF SHARES AT FACE VALUE?
WHEN FORM 23 IS REQD TO BE FILED?
WHAT IS THE PROCEDURE FOR ALLOTMENT OF SHARES AT FACE VALUE?
ALL THE QUERIES RELATE PVT LTD COMPANY

Ajay Mishra

Ajay Mishra (Expert)
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22 February 2013 Hi

No need to file Form-23.

You call a Board Meeting, allot a shares and file Form-32 from the date of allotment as per section 75 of the Companies Act, 1956.

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