Increase in paid up capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2012
What if the Company increases it's paid up capital by filing Form 2 before increasing its authorised capital?
What are the remedies to rectify this mistake?
What are the remedies to rectify this mistake?
Ajay Mishra
(Expert)
02 November 2012
Hi
Provision of section 629A of the Companies Act, 1956 will apply.
I will suggest you to call a general meeting before allotment of shares and increase share capital.
Provision of section 629A of the Companies Act, 1956 will apply.
I will suggest you to call a general meeting before allotment of shares and increase share capital.
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