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Allotment of Shares

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SANJAY KUMAR AGARWAL

SANJAY KUMAR AGARWAL (Querist)
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05 May 2011 A private limited company was formend on 4.04.11 with initial allotemnt of shares of Rs.One Lacs. Now the company has decide to takeover the proprietorship business of the promoter director:
1. How this will be done , What precautions should be kept

2. Which FORM should be used for Share allotment Form 2 or Form 3

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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06 May 2011 Is the company formed to succeed proprietorship business?? Please clarify

SANJAY KUMAR AGARWAL

SANJAY KUMAR AGARWAL (Querist)
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06 May 2011 yes the company is formed to succeed the proprietorship business

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