| Commentary

144 Return of allotments

| Commentary


144 Return of allotments

A company is obliged, within one month of making an allotment of shares, to deliver to the registrar of companies for registration a return of the allotment, containing the prescribed information and accompanied by a statement of capital1. The statement of capital must state2:

  1. 144.1

        the total number of shares allotted;

  2. 144.2

        the aggregate nominal value of those shares;

  3. 144.3

        the aggregate amount (if any) unpaid on those shares (whether on account of their nominal value or by way of premium); and

  4. 144.4

        for each class of shares, the prescribed particulars of the rights

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