allotement of share

Others 983 views 4 replies

whether share issued to promoter at the time of formation of pvt. ltd co. will include in the  list of allotement  of share submitted to roc along with form no. 2 of return of allotement

 

ca pawan singhal

Replies (4)

Hi Pawan! Return of allotment is not required to file for shares allotted at the time of incorporation ,as subscriber to the memorandum of association becomes entiteled to and liable for shares as mentioned against respective names of the subscribers named in the memorandum .There is no allotment as such and the memorandum itself is a contract .since there is no allotment, it is not necessary to file return of allotment when shares are issued to subscribers to the memorandum of association.

 

i agree with the answer of gargi

Perfect answer Gargi...Keep it up.

Dear Pawan hope you got the answer of your query. Regards

agree with gargi


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