Section 78 Return Of Allotment Of Shares
Word updated as at 6 3 2018 23.
Section 78 return of allotment of shares. The name of the shareholder who is to receive these shares is not named until an annual return is filed. New shareholders can be introduced to a company in 2 main ways the allotment of shares and the transfer of shares. In their basic form allotment and transfers are a simple procedure however it is important to understand the basic requirements as these are the important part of more complex transactions like share for share exchanges and share for undertaking. 68 6 annual return unchanged in particulars nil.
The return of allotment of shares is the name of companies house form sh01. Pdf word updated as at 13 01 2020 24. Notice of approval for allotment of shares or grant of rights. Notice of redemption of preference shares.
It should then be delivered to companies house within one month of an allotment. 2 where the capital of the company is divided into shares of different classes the class of shares to which each share comprised in the allotment belongs is to be stated. The form needs to be submitted to ssm for registration once the allotment were approved by the directors existing shareholders. Section 78 return of allotment of shares if applicable seksyen.
An information extracted from section 78 return of allotment of shares under the companies act 2016 which has been lodged by customers to ssm. It contains basic information and share details of a company based on the ten 10 date of the latest return of allotment of shares roa lodged with ssm. Form 24 is used to allot new shares to shareholders of a sdn bhd company. 1 shares subscribed for in the memorandum shall be deemed to have been allotted as at the date of incorporation under section 54 6 and must be included in the first return.
Section 58 notification of change in the register of director managers and secretaries if available seksyen 58 notifikasi. 2 section 14 application for registration of a company superform 3 section 58 notification of change in the registration of directors managers and secretaries 4 section 51. 78 pengembalian saham saham yang diperuntukkan jika perlu. The return of allotment of shares is the process of adding new shares into a company.
This form must also be completed if you issue allot new shares after company formation. For example a company formed with 1 share can complete a return of allotment of shares and increase the amount of shares to a new amount. 5 section 68 annual return of a company having a share capital 6 section 78 return of allotment of shares.