Share Lagat

Introduction

Share Lāgat is the formal process of recording and registering company shares in the names of shareholders after they have fully paid the amount they committed to invest during the company’s incorporation.

When a company is formed, the promoters (founders) agree to subscribe to a certain number of shares. However, these shares do not become officially recognized until the amount is paid and the company legally registers them in its official records. This formal registration of paid shares in the shareholder’s name is known as Share Lāgat.

Share Lagat Submission Deadline and Penalty

Share Lagat must be completed and submitted to the Office of the Company Registrar within three months from the date of company incorporation.

If it cannot be submitted within this period, an additional one-month grace period is provided, during which no penalty is charged.

However, if the Share Lagat is not submitted even within the extended period, the company becomes liable to pay a penalty. The penalty is

• Rs. 200 per month, for every month of delay
• But the total penalty for a single fiscal year cannot exceed Rs. 1,000

This ensures that companies complete their share allotment and capital compliance on time.

Government Fee for Share Lagat

There is no government fee for submitting Share Lāgat. However, if it is not submitted within the required timeframe, the company becomes liable to pay penalties, which are charged monthly based on the delay.

Documents Required for Share Lagat

• Decision of BOD
• Share Registrar
• Proof of Payment
• Description of Section 92
• Investment Source Declaration Form
• Application

Process for Submitting Share Allotment (Share Badfad) Through the OCR CAMIS Portal

To complete the Share Lāgat/Share Allocation process, follow the steps below:

1. Log in to the OCR CAMIS Portal
2. Go to “Post Registration Activities.”
3. Click on “Add New.”
4. Select “Share Badfad” (Share Allotment)
5. Fill in the Required Details and Upload Necessary Documents
   Provide information on:
   • Shareholders
   • Number of shares allotted
   • Paid-up amounts
   • Board decision
   • Supporting documents
6. Submit the Application
   After verifying all entries, submit the form for review.
7. Wait for Approval from OCR
   The Office of the Company Registrar will review your submission.
8. Receive the Certified Share Registrar Letter
   Once your application is approved, OCR will issue a Certified Share Registrar Document, confirming that the Share Allotment (Share Badfad) has been officially recorded.

How can we help you?

• Drafting All Required Documents for Share Lāgat
• Filing and Uploading Documents on the OCR Portal
• Follow-Up With OCR for Updates
• Delivering the Verified Share Lāgat Certificate

Conclusion

Completing the Share Lāgat process is a vital legal requirement for every newly registered company. The Office of the Company Registrar officially records, verifies, and recognizes the shares subscribed by the promoters during incorporation. By properly registering share allotments on time, companies maintain transparency, fulfill statutory obligations, and avoid unnecessary penalties. With accurate documentation, timely submission, and compliance with the Companies Act, your company lays a strong foundation for future growth and smooth operations.