Share capital
This query is : Resolved
Arpan Jain
(Querist)
25 November 2014
Please guide the procedure for increase of authorized share capital of private limited companies
CS Mitesh Mehta
(Expert)
25 November 2014
PROCEDURE
1. Check is there any provision in AOA regarding increase in capital. If there is no provision in AOA then first Alter AOA.
2. Hold a Board Meeting
- To get approval of Directors for Increase in Capital
– Call EGM
3. Hold a EGM
– Pass Ordinary Resolution for increase in authorize capital
4. File form SH-7 with roc within 30 days of passing of Ordinary Resolution
1. Check is there any provision in AOA regarding increase in capital. If there is no provision in AOA then first Alter AOA.
2. Hold a Board Meeting
- To get approval of Directors for Increase in Capital
– Call EGM
3. Hold a EGM
– Pass Ordinary Resolution for increase in authorize capital
4. File form SH-7 with roc within 30 days of passing of Ordinary Resolution
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