Form 5
This query is : Resolved
31 August 2012
The company has increased authorised capital from Rs.5,00,000 to Rs.1,00,00,000 by creation of further 9,50,000 shares. The company wants to give 99 bonus shares for every 1 share. So which amount is to be written in column 9(a)Authorised Capital & (b)issued capital (revised capital structure).
Ajay Mishra
(Expert)
31 August 2012
Hi
Form-5 is required to be filed in your case for increase in authorised share capital from Rs. 5 Lacs to 1 Crore.
In Column (9) (a) you will mentioned Rs. 10,000,000 and in calumn (b) you will mentioned existing paid up capital before issue of bonus shares, because after increased authorised capital you can issue and allot bonus shares to share holders, if authorised share capital is not sufficient to issue bonush shares.
Form-5 is required to be filed in your case for increase in authorised share capital from Rs. 5 Lacs to 1 Crore.
In Column (9) (a) you will mentioned Rs. 10,000,000 and in calumn (b) you will mentioned existing paid up capital before issue of bonus shares, because after increased authorised capital you can issue and allot bonus shares to share holders, if authorised share capital is not sufficient to issue bonush shares.
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