Re : Authorised Capital

Share allotment is very much valid. Non-filing of Form 2 or 5 will not invalidate share allotment.  This is a procedural lapse which need to be rectified by filing returns with additional fee.

Form 5 may be pending for approval but your Balance sheet should reflect the increased authroised  capital as approved by the shareholders.

Hi..

Very much agreed with the expert

Agree with Jayashree......

First of all you File Form-5 forMarch 10 and approved by ROC, otherwise your second Form 5  regarding second  increased made in 31.12.2010 will not be approved by ROC.

Regards

Originally posted by : Jayashree S Iyer
	Share allotment is very much valid. Non-filing of Form 2 or 5 will not invalidate share allotment.  This is a procedural lapse which need to be rectified by filing returns with additional fee. Form 5 may be pending for approval but your Balance sheet should reflect the increased authroised  capital as approved by the shareholders.

Fully Agreed...

Thanx 2 all for ur valuable advice.

1)WHAT IS AUTHORISED CAPITAL

2)SUBSCRIBED & ISSUED CAPITAL

3) MEMORANDUM OF ASSOCIATION

4) FULLY PAID UP SHARE

Dear All,

Bt hw cn company allott shares unless its Form 5 is approved. I mean Form 2 cn nt take the details if the paid up capital is greater than ASC...

and to update ASC form 5 need to be approved.......

Dear Neetu

What if Form 2 is also not filed??

As correctly said by Jayashree, filing of Form 2 and 5 are procedural steps. if company does not file any of these forms, it does not mean these activites are invalid. Filing of said forms are for information only and under present situatio, it is under automatic approval route.

Yeah, i agree you have to file form 5 first before uploading of Form 2.

regards- Sudhir