Statutory report of part ix company

Meetings 1225 views 4 replies

Guest

Partnership firm was converted into public limited company under Part IX. Now statutory report in form 22 is being filed with ROC under section 165. My query is regarding point no 6 of form 22 where we have to give details of share allotted upto the date of statutory report. Whether i have to give details of shares allotted in point no 6(a) i.e. share allotted subject to payment in cash or in point 6(b) for share allotted otherwise than in cash and consideration for which it is allotted. Pls advice asap. Matter is very urgent! Thnx all in advance!

Replies (4)

Charu Srivastava

Company Secretary

4210 Points Joined July 2010

U have to write No. of Shares in column 6(a)

Guest

Thanks Ms. Charu. But why not in point no. 6 (b) since share are not issued in cash. They are issued against assets of partnership firm. Moreover in the SLP filed with ROC, consideration is mentioned as stock. Pls clarify with reasons.

CS Vijay Daxini

At Practice

732 Points Joined March 2010

if shares r nt issued in cash then u have to mention the details in point no.6(b) or 6(c) (for partly paid up share).......CORRECT ME IF I M WRONG.....