9911796707
TMI BlogReturn as to allotments.X X X X Extracts X X X X X X X X Extracts X X X X ..... cash has not actually been received in respect of such allotment;] (b) in the case of shares (not being bonus shares) allotted as fully or partly paid up otherwise than in cash, produce for the inspection and examination of the Registrar a contract in writing constituting the title of the allottee to the allotment together with any contract of sale, or a contract for services or other consideration in respect of which that allotment was made, such contracts being duly stamped, and file with the Registrar copies verified in the prescribed manner [4] of all such contracts and a return stating the number and nominal amount of shares so allotted, the extent to which they are to be treated as paid up, and the consideration for which t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith the requirements of this section [10] [is or was inadequate, he may, on application made in that behalf by the company, whether before or after the expiry of the said period, extend that period as he thinks fit]; and if he does so, the provisions of sub-sections (1) and (2) shall have effect in that particular case as if for the said period of [11] [thirty days] the extended period allowed by the Registrar were substituted. (4) If default is made in complying with this section, every officer of the company who is in default shall be punishable with fine which may extend to [12] [five thousand rupees] for every day during which the default continues: [13] [ Provided that in case of contravention of the proviso to cl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5, sec. 62 and Schedule for "one month", w.e.f. 15-10-1965. [10] Substituted for is inadequate, he may extend that period as he thinks fit by the Companies (Amendment) Act, 2000, by section 11, w.e.f. 15-10-1965. [11] Substituted by Companies (Amendment) Act, 1965 Act 31 of 1965, sec. 62 and Schedule for "one month", w.e.f. 15-10-1965. [12] Substituted for "five hundred rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [13] Substituted by the Companies (Amendment) Act, 1965 Act, 31 of 1965, section 11, for the proviso, w.e.f. 15-10-1965. [14] Substituted for "five thousand rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. - - statute, statutory provisions legislation, law, enactment ..... X X X X Extracts X X X X X X X X Extracts X X X X
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