Allotment of Shares

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I am attaching a flow chart of how shares are to be allotted. Plz tel me whether i am right

Replies (2)

OHHHH i could not attch...nyways plz go 2 dis link

https://i45.tinypic.com/bhhu85.jpg

Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.

 

Procedure for allotment

 

  1. First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment.
  2. Download form-2 from MCA Site www.mca.gov.in  
  3. Fill form-2 and attach list of allottee.
  4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.

 

Best Regards

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