Private company - authorized capital

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Anil (Querist)

15 August 2014 It seems for small private company the ROC fees is same whether it is incorporated with 1 lac authorized capital or 10 lac authorized capital. Still why do private companies go for authorized capital of less than 10 lacs?

Ankur Garg

Ankur Garg (Expert)

15 August 2014 No.

ROC fees is not same for both kind of authorised capital. Please check again.

Thanks

Message likes : 1 times

Anil

Anil (Querist)

16 August 2014 Ankur Sir,

Thanks for your post.

I checked INC-7 which gives various slabs fees of ROC depending on Authorized capital mentioned in MOA. I have noticed that there is fixed charge of Rs.2000 for small company upto authorized capital of 10 Lacs.

Request you to correct me if I missing some point here.

Ankur Garg

Ankur Garg (Expert)

16 August 2014 Dear Anil,

Your point cannot be ignored. I will check the e-form and revert. If it is so, then this is the gift of Companies Act, 2013.

Regards

Anil

Anil (Querist)

16 August 2014 Thank you Sir. I will wait for you to revert.

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