Company Secretary & Compliance Officer
17858 Points
Joined November 2008
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Originally posted by : Swagatam Khandelwal |
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In my opinion Form 2 will be filed only once the Company has received entire allotment money i.e in your case Rs. 10/ on each share.
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The purpose of filing form 2 is reporting of allotment and it is filed withing 30 days of allotment of shares. Whether full amount has been received or not. On receipt of balance amount only accounting entries are to be made. No form is to be filed on receipt of money.