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Form 1 - Number of subscribers

Max Payne (employed) (2569 Points)

14 April 2010

We have to file Form 1 of a private company, in which there are 11 subscribers to MOA and AOA.

I gave the number of subscribers as 11, but there is only provision for 7 subscribers in the form.

Pls suggest what is to be done.

Regards

G.k.

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12 Replies

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 14 April 2010

Dear Friend,

Though am not very sure. But let me try. You have 2 choices:

1. Reduce the subscribers to minimum 7. However there is no restriction o max number.

2. Just go ahead with the form 1 i.e. fill 11 in point no. 8 and provide details of min 7.

Wait for other views.

Yogesh Shah (Managing Corporate Finance) (1051 Points)
Replied 14 April 2010

Hi Dude,

In Form No. 1, you can fill the details of only 7 (seven) subscribers. In case when there are more then 7 (seven) subscribers, as in ur case, their details u have to file through attachment -
‘Annexure containing details of subscribers’.

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RITU BAJAJ (COMPANY SECRETARY) (158 Points)
Replied 14 April 2010

Agreed with Yogesh.

CourseCart.in (Mentor at SHAYVIDZ Academy) (3756 Points)
Replied 14 April 2010

Page No. 3 of help file of e-form1 says :

Details of maximum seven promoter(s) can be filed through this eForm. If the total number is more than seven, then details of remaining person(s) can be provided through attachment ‘Annexure containing details of subscribers’.

Enter 11 in point no. 8, provide details of 7 and attach the complete list of subscribers.. & then upload..

If error persists then u hv to Enter 7 in point no. 8 !