Its Urgent!! Immediate filing of Form 2 after Form 5

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Padmaja M Naidu (Querist)
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06 March 2010 Sir/Madam,

I want to ask that where the shares of existing auhorised share capital is fully alloted and after filing form 5 for increase in authorised share capital can we immediately fill form 2 for further share allotment in a pvt. ltd. company?
If no technically what problem will come in our way??? Plese reply!!!!

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 March 2010 You can file form 2 only after the approval of your form 5 by ROC incorporating the increase in your authorised share capital.

Ankur Garg

Ankur Garg (Expert)
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06 March 2010 YES.

You can make the allotment immediately after the approval of shareholders in the GM towards increase i authorised capital.

Approval given by ROC for form 5 will be applicable from the date of GM.

However i would advise you to file form 2 after approval of form 5.

Regards

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