Reissue of forfeited share

Others 1133 views 1 replies

Hi all, 

Pls tell me is there any need to file form 2 wen we reissued forfeited shares???

Thanks!!

Replies (1)

Hi,

As per section 75(5) of the Companies Act, 1956 there is no need to file return on re-issue of forfeited shares. For more information you can also refer a case law SRI GOPAL JALAN & COMPANY Vs CALCUTTA STOCK EXCHANGE ASSOCIATION LTD.


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