Procedure for increase in share capital
This query is : Resolved
09 June 2016
is it mandatory to file form mgt 14 fr resolutions for increase in paid up share capital of private limited companies & as in this case it would be further issue of shares n is it mandatory to open new seperate bank account to deposit application money
10 June 2016
Yes, Company has to file with Registrar, Form no MGT 14 within 30 days of passing resolution along with certified copy of resolution passed at the meeting and along with altered copy of MOA & AOA. ( section 61 of companies act)
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