Partly paid up shares

As per my point of view, u have no need to file any form in the ROC. But u have to make the form for making call to the shareholders and need to increase the paid up capital in ur Annual Return.

Any other view are highly appreciated.

Hello,

AS PER MY VIEWS

U cant use the other sources money to make partly paid share into fully paid up.

In ur case either u have to make these partly paid shares into fully paid after receiving of pending money from the allottes of shares.

OR

In case u r nt able to recover the pending money then u can forfiet the application money after follow up procedure mentioned in AOA of company then further u can reissue these shares.

No form for ROC purpose is required

Nidhi

You can make partly paid shares by capitalizing free reserve or security premium like bonus issue shares.

Mr. Pankaj please clarify how we can use the free reserve which have been capitalised for making partly paid up shares as fully paid up. Are there any limits for using such amount as per law

Can anyone help me out......how can a private limited company can issue partly paid-up shares. What is the procedure for it. Relevent section of Companies Act and regulations of SEBI applicable on such issue?

can anybody tell me how to allot pertly paid up shares in rights issue in a pvt company.

if possible share the documents.