Partly paid up shares

Law Aspire (CS) (755 Points)

04 January 2012  

Please Provide what are the steps ( Secretarial Practices) to make partly paid up shares as fully paid up. Whether we can use the amount available with the company in the name of Reserve and Surplus for making partly paid up shares as fully paid up. Is any form is to be filed with MCA at the time of making the shares fully paid up.Please guide.