Form 2 applicability for newly formed pvt. ltd. co.

Pvt ltd 1231 views 4 replies

Abhishek pareek

CFO & Compliance Officer (Listed Co.)

98 Points Joined February 2009

Please answer the following question:

A pvt. ltd. co. was formed on 19.01.2011 (incorporation certificate date).

MOA, AOA, FORM - 1,32, 18 Have been already filed with ROC.

Now is it mandatory to file FORM-2 For such pvt. ltd. co. although list of subscribers have been mentioned in MOA, as required Or only A public co. is required to file such form 2, for such first time allotment ?

Also, please tell me that can allotment be made on 31.03.2011 for such co.? although incorporation was dated 19.01.2011 and all money was received in cash from such allotttees?

Replies (4)

RANJITH.R

SECRETARIAL EXECUTIVE

49 Points Joined March 2011

yes. the company can very well file the form - 2 on 31.03.2011 since the amount received on 19.01.2011 is considered as share subscripttion money. after incorporation, the company in its first board meeting can approve the allotment and file the return of allotment within the prescribed time limit of one month.