Re: call on partly paid up shares

Form 2 is not required to filed on call.

Originally posted by : CS Ankur Srivastava
	Form 2 is not required to filed on call.

Dear Ankur

Thanks for the response. But if we do not file Form 2, the Company Master Data on MCA will not show the true picture.

The company had initial capital of 50 lakhs. Later allotment of 5 lakh shares of Rs.10/- was made,

which was paid at Rs.5/- per share. So the capital shown was 75 Lakhs in Comp Mast Data

( 50+25 lacs). Now the remaining amount  of Rs.5/- is called upon for the earlier allotment.

As the activity is done post annual filings, do we need to file Form 2??. I f not then how the correct

paid up capital will reflect in MCA ??  ( From Rs.75 Lacs to 1 Crore)

Members , please solicit your views.

regards

Santosh Shah

Originally posted by : SANTOSH SHAH

Dear Members

Can any one respond to the Query?.  Its a bit urgent.

regards

Santosh Shah

You are not required to file any return with ROC after getting call money.  Master data will be updated after filing Balance Sheet and annual return after year-end.

Thanks

It will update on Annual Filing.....

Dear Members,

Does the above guidance remain valid under companies act 2013 ?

i.e. PAS 3 needs to be filed or not (in conjunction with above guidance) and paid up capital would be updated on filling annual return of which year ?

For example : Further calls are made in FY 2020-21 (pre filling of annual return for FY 2019-20) then should the same be updated in annual return for FY 2019-20 or FY 2020-21 ?