Return of shares to be filed with office

Return of shares to be filed with office

(1) A company shall file with the Office a return of allotments stating the number of shares issued and allotted, the total amount of the shares, the names and addresses of the allottees, and the amount paid or due and payable on each share, within thirty days after the allotment of shares.

(2) if any shares have been allotted as fully or partly paid up otherwise than in cash, the company shall file with the Office a deed constituting the title of the allottee to the shares together with any contract of sale or a contract for services or other consideration in respect of which that allotment was made, and a return stating the number and nominal amount of shares so allotted and the extent to which they are to be treated as paid- up.