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A company want to increase its authorized share capital and to save the very impact of stamp duty on such increase. Presently, the registered office of the company is situated in the State of Maharashtra. As the UP Stamps act does not provide for any rate of stamp duty on Increase of Authorized Share Capital, the company decides to forward petitions before Regional Director Mumbai for shifting of RO to Noida, UP. In the meantime, means before RD's approval, the company holds EGOM in the State of Maharashtra for Increase of Auth. Share Capital and passed required special resolution. Now, after RD's approval/order for shifting of RO to UP, the company shifted its RO to Noida, UP and filed Form 5 for increase of Auth. Capital with ROC, Uttar Pradesh. Can ROC Mumbai or Collector of Stamps, Maharashtra demand stamp duty on Form 5 merely on the grounds that the place of passing special resolutions was Maharashtra? Does place of execution of resolutions hold any relevance in this case?? Please advice.
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Can anybody tell me that what should be the correct procedure for fresh issue of shares? Do I need to receive the money from issue of shares first or first I need to increase the authorised capital? when I need to alter the MOA and AOA and when I need to file Form 5. Do I also need to file Form 2 for allotment.
This Query has 3 replies
Dear all,
I have a serious doubt regading fresh issue of shares by a private company. I have done all the searches in google and other sites, and I am getting mixed opinio. My doubt is whether company needs to conduct a general meeting for fresh issue of shares or a board meeting can be conducted. Somewhere I have that a clause that for the companies which are registered on or after 1st october 2009 can issue shares after passing a resolution. please help me.
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Please provide me with the procedure and list of e-Forms to be filed with ROC for Conversion of a Partnership Firm into a Private Limited Company.
Also kindly confirm if any stamp duty is applicable for such conversion.
Please note that the Partnership Firm has only two partners.
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respected sir, i want to ask that in a pvt. ltd co. transfer deed has executed 2 years back but it is not handed over to company ,so in their annual filing company is showing the name of transferrer in the list of shareholders, not of transferee, now transferee , is submitting the deed, is it will valid, and company will register the transfer. and is it will effect the validity of deed,
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Please send me moa and aoa of beverages company engaged in processing of tea, coffee and like products.
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A person who is a Company Secretary & a director is?
(a) Employee director
(b) Non-executive director
(c) Executive director
(d) Independent director
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Sir/Ma'am,
I require your advice for the following,
1)May i please know the procedure for adding objects in the object clause of memorandum of a section 25 company.
2)Is there any difference in the procedure of doing the above in a section 25 company as compared to other companies, except for that it
requires approval from central Govt.
3)What all forms have to be submitted with MCA for doing the same.?form 24A/23/65??
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Dear sir
My Name is kumar
sir i have doubt Regarding company
desired name as international or national or india.for instance
Kumarnayudu international limited. or kumarnayudu india telecommunications
limited.above the extraction how much shall i pay for this names.sir i
need brief information from you and i hope that will get soon.
Thanks and Regards
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Dear all I have changed the Registered Address of my Company via filing Form-18 on MCA Portal. While checking the portal we found that address has been changed.
Now I want to know how to obtain amended COI.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Stamp duty on increase of authorize share capital