Notice for EGM for increasing Authorising Capital

This query is : Resolved

CA. BIJENDER KR. BANSAL (Querist)
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19 August 2010 Dear Experts.
I want to increase Authorized Capital of A Pvt Ltd Comapny by Rs. 50 Lac.
Present Auhtorized Capital Rs. 50 Lac
Proposed 1 Cr
Date of Resolution 14Aug 2010
I have give notice dated 24July 2010 for convening EGM 14 Aug 2010.
Whether it is correct or not ?

Ankur Garg

Ankur Garg (Expert)
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19 August 2010 Dear Sir,

Small modification is required regarding date of dispatch of EGM notice read with section 171 and 53.

Date of dispatch of EGM notice should be July 21 read with section 171 and 53.

21 days as per 171

2 days (48 hours) as per 53

Total clear gap 23 days.

Date of dispatch i.e July 21 and meeting date i.e. August 14 will be excluded.

Regards

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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19 August 2010 Atleast 23 days (21 days notice and 2 days for dispatch) gap required excluding notice and GM dates.

The same can still be done by calling a GM by giving shorter notice by receiving form 22A from all shareholders for consent for shorter notice.

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PANKAJ KHURANA

PANKAJ KHURANA (Expert)
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19 August 2010 agreed ........

Aditya Maheshwari

Aditya Maheshwari (Expert)
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19 August 2010 Dear Khuranaji
Do not reply to threads with messages like I agree thanks, etc etc. Instead use the thank user icon just below the profile detail of the user in each post. Try to add value with your each post.