Increased in authorised share cap and paid up capital

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CS KINJAL SANGANI (Querist)

29 March 2012 please can any one tell me that what the exact procedure to increase the authorised share cap. and paid up cap. of the public ltd company not lisited. alos format of a special resolution for it .

Charu Srivastava

Charu Srivastava (Expert)

30 March 2012 Go through the following link for the increase in authorised capital

https://www.caclubindia.com/experts/procedure-to-increase-in-authorised-capital-881625.asp

Charu Srivastava

Charu Srivastava (Expert)

30 March 2012 For increasing paid up capital

You have to allot further share to increase your paid up capital. To update paid up capital with MCA you have to file form 2 with MCA.

Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.

Procedure

1. First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment.
2. Download form-2 from MCA Site www.mca.gov.in
3. Fill form-2 and attach list of allottee.
4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.

CS KINJAL SANGANI

CS KINJAL SANGANI (Querist)

30 March 2012 Thanks for the reply.I have started with the proceedings.

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