SUBSCRIPTION OF SHARE
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 March 2011
SHARE HOLDERS OF A PRIVATE COMPANY TRANSFER THEIR ASSETS TO A COMPANY FOR WHICH THEY RECEIVE EQUITY SHARES. NOW IN WHICH FORM THE COMPANY SHOULD FILE WITH ROC?
Jayashree S Iyer
(Expert)
25 March 2011
Form 2 is required to be filed.
If there is any contract with the shareholders for allotment of fully paid up or partly paid shares in exchange of assets, then Form 3 is also required to be filed. If there is no contract, Form 3 need not be filed.
If there is any contract with the shareholders for allotment of fully paid up or partly paid shares in exchange of assets, then Form 3 is also required to be filed. If there is no contract, Form 3 need not be filed.
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