Hi all,
A newly registered private limited co. has been formed to take over the business of partnership firm. the credit balance of the partners & some other relatives has been satisfied by issuing shares at premium. shares allotted to partners which became directors in the new co. was as per takeover agreement.
now my question is whether return has to be filed in form 2 or it is the case of allotment otherwise than in cash & i have to file form 3 simultaneously
pls reply asap
pls also send a board resolution format for issuing shares for other than cash for the same case
E-mail- sachin1979_ca @ yahoo.co.in
CAclubindia
