allotment other than cash

Others 430 views 2 replies
User Avatar

officer CS
748 Points Joined September 2010

Dear members,

Please guide me with the issue of allotment of share OTHER THAN CASH..

the issue is as follow:

there are two companies X and Y ....x has purchased raw materials from y...so Y is saying thati u allot me share n dont pay me in cash..n that Y has applied for shares in X...

Form 2 along with the Form 3 is required ... and if anybocy can provide me with format of the contract then would be great.

PLEASE GUIDE ME WITH THE ABOVE ISSUE

REGARDS
CS MAYURI LAL
 

Reply Share Follow
On 20 September 2010 at 11:46 Report
Replies (2)
User Avatar

CS
751 Points Joined May 2009
The following article of Mr. Ankur Garg might help you:- https://www.lawyersclubindia.com/forum/Article-Allotment-of-Shares-4-Consideration-other-than-Cash-10553.asp
Reply
On 20 September 2010 at 13:10
User Avatar

officer CS
748 Points Joined September 2010

yes i went thru it..

 

but needed a specimen of the contract of the above issue..

 

and also if the stamped contract is attcahed in Form 2 then no requirement of Form 3..m i correct??

Reply
On 20 September 2010 at 13:29


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading