Originally posted by : Aditya
Notice for EGM to increase Authorised Capital had been given. Accordingly resolution to increase Auth. Capitlal has been passed in due EGM. After few hrs on same date another EGM happened and another resolution to increased Auth.Capital FURTHER has been passed. Is it Right, even so without any further Notice for Further increase in Auth.Capital?
I agree with shridhi that its not logical to have 2 EGM same day.
If you have 2 EGM's on same day , it will give practicle difficulty in filing forms with ROC for increase in
Assuming yours is a pvt company, wth the approval of shareholders, consider the revised increase in
authorized share capital in one egm only, so that u can file it with ROC.
As regards Notices sent, kind issue fresh notices back dated with revised authorized sc figures and send to
Shareholders, stating that this notice will superceede the preceeding one.
Once the revised ASC is approved in EGM, you can file the notices, other documents without any difficulty with
ROC for increase in ASC.
Hope this helps.
Other views welcome.