Form - 5
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2013
Dear Sir
___What is the effective date for increase in authorised capital of the co.
The date on which Board Meeting held or
The date on which EGM held
____Secondly, Form 5 is to filled within 30 days from the date of BOard Meeitng or EGM
___What is the effective date for increase in authorised capital of the co.
The date on which Board Meeting held or
The date on which EGM held
____Secondly, Form 5 is to filled within 30 days from the date of BOard Meeitng or EGM
22 July 2013
Hi
The effective date of passing of shareholder resolution for increasing authorised capital.
The effective date of passing of shareholder resolution for increasing authorised capital.
22 July 2013
Any increase in the authorized share capital would come into effect immediately on passing of any valid resolution in this behalf, and filing of the requisite Forms 5, 23, being a ministerial act and procedural in nature, would not influence the date of increase of the authorized share capital. [Kobian (P) Ltd. v Kobian India (P) Ltd. and Others (2005) 64 CLA 281 (CLB)].
Subsequent cancellation of the resolution to increase the share capital or adoption of the resolution to reduce the share capital could not absolve the petitioners from their liability to file e-Form 5 notice alongwith the prescribed fee before the Registrar of Companies within 30 days of adoption of the resolution to increase the share capital. [Amison Foods Ltd. v Registrar of Companies (1999) 19 SCL 82 (Ker)].
Any increase in the authorized share capital would come into effect immediately on passing of any valid resolution in this behalf, and filing of the requisite Forms 5, 23, being a ministerial act and procedural in nature, would not influence the date of increase of the authorized share capital. [Kobian (P) Ltd. v Kobian India (P) Ltd. and Others (2005) 64 CLA 281 (CLB)].
Subsequent cancellation of the resolution to increase the share capital or adoption of the resolution to reduce the share capital could not absolve the petitioners from their liability to file e-Form 5 notice alongwith the prescribed fee before the Registrar of Companies within 30 days of adoption of the resolution to increase the share capital. [Amison Foods Ltd. v Registrar of Companies (1999) 19 SCL 82 (Ker)].
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- GST ITC REVERSE
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Regarding Applicability of Tax Audit u/s 44AB
- Consolidated financials
- Tds on commission charges
- TDS on TRUST
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
