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Share allottment letter

Pvt ltd 508 views 1 replies

Dear All,

Can someone help on providing share allotment letter draft for a private limited company. I have to file FCGPR with the AD, they are asing for share allottment letter for Subscribers to the MOA. Please help

 

Regards,

 

CA Kiran Kumar Y

Replies (1)

There is no question of 'allotment' of shares to subscribers.  They automatically become members of the company on its incorporation u/s9.  Allotment is made only after the company comes into existence.  You can directly issue share certificate to the subscribers after passing Board resolution and send copy to RBI.  


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