Allotment of shares

Yes the above 2 kinds of allotment is possible through a single board meeting same day.

But you have to pass 2 separate board resolution for allotment.

Further with ROC you have to file separate form 2 for allotment of shares.

Keep resolution no. 1 for allotment at par and resolution no. 2 on premium.

You may wait for other opinions.

Thanks

Originally posted by : Ankur Garg

Dear Members

I have a query.

'A' Company has made full allotment of 5 lakh Shares to 'B'Company but the amount  is partly paid up (Rs.10/- face value - Paid up rs.5/- & balance Rs.5/- to be called in future) .

The Stamp duty on share certificate be paid in this case at one go or twice as they are partly paid ??

This is for state of karnataka. Is there any specific provisions under the act which states that stamp duty can be paid partly??

Your views solicited.

regards

Santosh