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Allotment of shares in kind

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2011 The Private Limited Company,

Incorporated with Authorised Cap. 20 lakhs & paid up capital of Rs. 1 lakh.

Then after the company Purchased the business of a partnership firm in which partners are director of the company, & issued shares as consideration to the Partners of the firm.

For the said issue of shares which e-form should be filed with RoC & what's the procedure for the same.
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CS Taher

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CS Taher (Expert)
26 February 2011 File form-2 within 30 days of allotment.
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Guest

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Guest (Expert)
10 May 2011 Dear Frnd,

Kindly note you need to File Form 2 with list of allottees & Form 3 attaching the copy of board resoln, if the shares are allotted, when the consideration is other than for Cash !
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