Increase in paid up capital

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2018 Hii
I want to increase the paid share capital of a private ltd company from ₹ 4,50,000.00 (45000 shares) to ₹ 5,00,000 (50,000 shares). The company is already having Authorised Share Capital for ₹ 5,00,000.00.
Please tell the procedures and what forms to file with ROC.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 May 2018 Shares can be issued to existing shares holders as 'rights issue' through a board
resolution.
If shareholders 'renounce the rights' shares can be issued to any body else through
board resolution provided the AOA of the company permits to do so.
After the allotment e-file form PAS-3.

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