Form CR31 - Return of Allotment by an Unlimited Company Allotting a New Class of Shares

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Document Overview

Form CR31 – Return of Allotment by an Unlimited Company Allotting a New Class of Shares is the statutory form used to notify the Registrar when an unlimited company has allotted shares and the allotment involves a new class of shares. The form captures company details, the allotment date, each allottee’s particulars, the class and number of shares allotted, totals, and the rights attached to the new class.

Purpose:
1. To formally report a share allotment that introduces a new class (e.g., preference, redeemable, etc.) for an unlimited company.
2. To place on the public record the prescribed particulars of rights attached to that class (e.g., voting, dividend, redemption, conversion rights), ensuring transparency under section 334(1) of the Companies Act, 2015 (as referenced on the face of the form).

Key information to provided:
1. Company name & number.
2. Date of allotment (dd/mm/yy).
3. Allottees’ details: full names, postal/physical address.
4. Class of share issued to each allottee (e.g., ordinary, preference, redeemable).
5. Number of shares allotted to each allottee and the total number allotted.
6. Rights attached to the new class (complete the “prescribed particulars of rights” table).
7. Lodging details: who is filing, their capacity, signature, and date.

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Form CR31 - Return of Allotment by an Unlimited Company Allotting a New Class of Shares

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