Wrongly reporting of Authorised Capital in Co Master
In fact in BS of year 2012 & later the figure is deliberately is reported as 5 crore - no formality is done with the ROC to raise this capital. The balance sheets as on date carry the same figure of 5 crore.
What steps to be taken in this case? How the responsibility be fixed - The directors, auditors, company? Whom to approach and how?