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
Ajay Mishra
(Expert)
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.
Ajay Mishra
(Expert)
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
- Nursery business
- Tax on Amount transferred in HUF Account
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
