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Increase in authorized share capital

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This query is : Resolved

ARTHI (Querist)

21 July 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

A Private Limited Company has increased its Authorized Share Capital on 31/12/2013. Company has failed to file any forms relating to that.

Query

Whether Company has to file CONDONATION OF DELAY ‘for non-filing of Form MGT-14’ for filing EGM Notice in respect of Increase in Authorized Share Capital.

Your reply, please..............

Please advise the procedure for CONDONATION OF DELAY ‘for non-filing of Form MGT-14’ on the above matter.

Your reply, please..............

Thanks in advance for possible replies from all concerned.

CS JAY GOHIL

CS JAY GOHIL (Expert)

23 July 2015 you can increase authorised capital via conducting EGM with ordinary resolution. as per my view ordinary resolution is not required to file in roc via mgt 14, so there is no need of this

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