Allotment of shares form-2
This query is : Resolved
20 January 2014
When does a company can show the share application money as paid up capital?
1. Date of BOD for allotment
2. Date of Filing Form 2
3. Date of approval of Form 2
4. any other date
Pleas Clarify it and also clarify the process to increase paid up capital and ROC requirments. The company has already increased it authorised capital.
1. Date of BOD for allotment
2. Date of Filing Form 2
3. Date of approval of Form 2
4. any other date
Pleas Clarify it and also clarify the process to increase paid up capital and ROC requirments. The company has already increased it authorised capital.
20 January 2014
Dear Asad,
It will be from the date resolution for allotment of shares has been passed in the Board meeting.
For increase in paid up capital follow the below procedure:
1) Conduct a Board Meeting and pass necessary resolution for allotment of shares.
2) Within 30 days of passing the resolution, file Form 2 with ROC along with Board resolution and list of allottes as an attachment.
If Form 2 is not filed within 30 days of passing resolution, penalty will be imposed by ROC.
Regards,
Adnan
It will be from the date resolution for allotment of shares has been passed in the Board meeting.
For increase in paid up capital follow the below procedure:
1) Conduct a Board Meeting and pass necessary resolution for allotment of shares.
2) Within 30 days of passing the resolution, file Form 2 with ROC along with Board resolution and list of allottes as an attachment.
If Form 2 is not filed within 30 days of passing resolution, penalty will be imposed by ROC.
Regards,
Adnan
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Banking Related Issue
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
