law: Companies Act, 1956
  Sec 75    -     Return
  
  as to allotments 
  (1) Whenever a company having a share capital
  
  makes any allotment of its shares, the company shall, within thirty days
  
  thereafter,
  (a) file with the Registrar a return of the
  
  allotments, stating the number and nominal amount of the shares comprised in the
  
  allotment, the names, addresses and occupations of the allottees, and the
  
  amount, if any, paid or due and payable on each share :
  Provided  that the company shall not show in such
  
  return any shares as having been allotted for cash if cash has not actually
  
  been received in respect of such allotment ;
  (b) in the case of shares (not being bonus
  
  shares) allotted as fully or partly paid-up otherwise than in cash, produce for
  
  the inspection and examination of the Registrar a contract in writing
  
  constituting the title of the allottee to the allotment together with any
  
  contract of sale, or a contract for services or other consideration in respect
  
  of which that allotment was made, such contracts being duly stamped, and file
  
  with the Registrar copies verified in the prescribed manner of all such
  
  contracts and a return stating the number and nominal amount of shares so
  
  allotted, the extent to which they are to be treated as paid-up, and the
  
  consideration for which they have been allotted ; and
  (c) file with the Registrar :
  (i) in the case of bonus shares, a return
  
  stating the number and nominal amount of such shares comprised in the allotment
  
  and the names, addresses and occupations of the allottees and a copy of the
  
  resolution authorizing the issue of such shares ;
  (ii) in the case of issue of shares at a
  
  discount, a copy of the resolution passed by the company authorizing such issue
  
  together with a copy of the order of the Court sanctioning the issue and where
  
  the maximum rate of the discount exceeds ten per cent, a copy of the order of
  
  the Central Government permitting the issue at the higher percentage.
  (2) Where a contract such as is mentioned in
  
  clause (b) of sub-section (1) is not reduced to writing, the company shall,
  
  within thirty days after the allotment, file with the Registrar the prescribed
  
  particulars of the contract stamped with the same stamp duty as would have been
  
  payable if the contract had been reduced to writing ; and those particulars
  
  shall be deemed to be an instrument within the meaning of the Indian Stamp Act,
  
  1899 (2 of 1899), and the Registrar may, as a condition of filing the
  
  particulars, require that the duty payable thereon be adjudicated under section
  
  31 of that Act.
  (3) If the Registrar is satisfied that in the
  
  circumstances of any particular case of the period of thirty days specified in
  
  sub-sections (1) and (2) for compliance with the requirements of this section
  
  is or was inadequate, he may, on application made in that behalf by the
  
  company, whether before or after the expiry of the said period, extend that
  
  period as he thinks fit ; and if he does so, the provisions of sub-sections (1)
  
  and (2) shall have effect in that particular case as if for the said period of
  
  thirty days the extended period allowed by the Registrar were substituted.
  (4) If default is made in complying with this
  
  section, every officer of the company who is in default shall be punishable
  
  with fine which may extend to five thousand rupees for every day during which
  
  the default continues :
  Provided  that in case of contravention of the
  
  proviso to clause (a) of sub-section (1), every such officer and every promoter
  
  of the company who is guilty of the contravention shall be punishable with fine
  
  which may extend to fifty thousand rupees.
  (5) Nothing in this section shall apply to the
  
  issue and allotment by a company of shares which under the provisions of its
  
  articles were forfeited for non-payment of calls.