Increase in paid up capital of a public ltd co.

Hi,

For increase in paid up share capital you have to allot new shares to the existing or new shareholders. They’ll pay you for the shares.

In case of allotment of shares return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.

Procedure

1. First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment.
2. Download form-2 from MCA Site www.mca.gov.in  
3. Fill form-2 and attach list of allottee.
4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.

Further I would advise you to take help of a professional for first time.

Regards

Dear Ankur Sir,

I have a question regarding section 75(1)(a).

It says "file with the registrar a return of the allotments , stating the number and amount of the shares comprized in the allotment, the names, addresses, and occupations of the allottees, and the amount if any, paid or due and payable on each share:

Provided that the company shall not show in such return any shares as having been alloted for cash if cash has not actually been received in respect of such allotment.

So my question is when amount due and payable on the shares are required to be stated in the return,but money will be realised through cash? And if at the time of filling return say for example X allottee will pay by cheque decided and on that basis i have showed in  the return due and payable on shares,and then he pays by way of cash,so i was not required to state those shares for which i have not received cash. So what will happen?