increase in authorised capital


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Guest (Querist)
09 September 2009 what is the procedure for increase in the authorised capital of the both private and public company?

Ankur Garg (Expert)
09 September 2009 Hi,

1) Convenue a board meeting to approve the authorised and for fixing the general meeting date.
2) Convenue general meeting for amendment in capital clause of MOA. Pass special resolution in GM
3) File e-form-23 along with explanatory statement u/s 173(2) within 30 days of passing the resolution.
4) File e-form 5.
5) File altered MOA and AOA with ROC in physical.

Regards


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