Authorised share capital

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Kaushik (Querist)

17 July 2008 If I am looking to increase the authorised share capital of a company, and I also want to issue shares at a premium to the investor who is coming into the company, does the authorised capital have to include such premium amount? How much will be my stamp duty and ROC Fees? Will the premium amount have to be included in the computation of such stamp duty and ROC fees? Thanks.

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)

17 July 2008 No premium amount will not be considered for the purpose of stamp duty or ROC fee. ROC fee may be calculated as prescribed in Schedule X of the Companies Act. The fee payable to ROC will be the difference of fee payable for the existing level of Authorised Cap and the old one alongwith Form 5.

CA Vivek Jain

CA Vivek Jain (Expert)

17 July 2008 Premium amount will not be considered for calculation of authorised capital
ROC fee and stamp duty payable on the basis of Authoorised capital

for fees calculation refer

https://www.mca.gov.in/DCAPortalWeb/dca/enquireFeeActionWithoutLogin.do

CA Vivek Jain

CA Vivek Jain (Expert)

17 July 2008 stamp duty applicable as per stamp duty act and slab wise

CA. Sahendra Jaiswar

CA. Sahendra Jaiswar (Expert)

18 July 2008 Authorised Share Capital does not include Security Premium amount.And also such premium will not be considered for deciding ROC Fees. In case of increase of authorized share capital of the company, the fees will be, the difference between the fees payable on the increased authorized share capital and fees payable on the existing authorized share capital.

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