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Get Form 24 Return Of Allotment Of Shares - Pressbooks
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How to use or fill out the Form 24 Return Of Allotment Of Shares - Pressbooks online
Filling out the Form 24 Return of Allotment of Shares is an essential step for companies to report their share allotments to the Registrar. This guide will provide you with a clear and structured approach to completing this form online, ensuring compliance with the requirements outlined in the Companies Act.
Follow the steps to complete the Form 24 efficiently and accurately.
- Press the ‘Get Form’ button to obtain the form and access it in the designated online editing platform.
- Begin by filling in the company name and the relevant company number at the top of the form. Ensure this information is accurate as it identifies your company.
- Indicate the date of share allotment in the specified fields. If multiple allotments occurred, provide the date range as required in the form.
- Fill in the details of the shares allotted under the 'Details of Shares' section. Specify the number of shares allotted for cash consideration, along with the nominal amount, amount paid, and any due amounts for each share.
- For shares allotted without cash consideration, provide similar details as in step 4, ensuring to clarify the classification of shares involved.
- List the particulars of all-allottees, including full names, identification numbers, addresses, and the number and class of shares allotted to each allottee.
- Complete the certification section by confirming the accuracy of the information provided. Sign and date the form appropriately, including spaces for the signatures of the director and secretary.
- Review all entered information for any discrepancies or errors. Once satisfied, save changes, and choose an option to download, print, or share the completed form.
Start filling out your Form 24 online to ensure a smooth and compliant share allotment process for your company.
Share allotment is the creation and issuing of new shares, by a company. New shares can be issued to either new or existing shareholders. Share allotment can have implications for any existing shareholders share proportion. Typically, new shares are allotted to bring on new business partners.
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