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Increase in authorised capital

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Company Secretary
207 Points Posted on 25 February 2013
A Company is registered in Delhi with a authorised capital of 70 Crores. It want to raise its authorised capital with 40 Crores. The stamp duty payable will be o.15% of 40 Crores i.e. Rs. 6 lakhs. Please tell whether it is correct or not??
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On 25 February 2013 at 11:49 Report
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Company Secretary
1678 Points Posted on 25 February 2013

Stamp duty to be paid is

(Increased auth cap - existing auth cap) x 0.15%

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On 25 February 2013 at 12:25


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