Increased in authorised share capital

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Querist : Anonymous

Querist : Anonymous (Querist)

13 May 2014 Pl let me know the procedure for increase in authorised share capital and issue of shares at premium as per Co act.2013

Sandeep Dharar

Sandeep Dharar (Expert)
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13 May 2014 U must have to pass the resolution in the boards meeting & have to intimate ROC by filing the form as under:-

Increase in Share Capital - Form SH-7

Note:- The above form is applicable as per Companies Act, 2013.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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13 May 2014 For further issue of capital -
i) Shares has to be valued and a certificate of valuation has to be obtained from registered valuer.
ii) Board of Directors has to pass a resolution.
iii) Form MGT-14 has to be e-filed.
iv) Return of allotment has to be filed in form PAS 3.

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