Alteration & allotment of share capital

Dear Kapil,

if your company is increasing authorized capital without altering AOA/Passing Special resolution, need not to file Form MGT-14.

your Company have to follow section 42 and 62(1) (c) of CA, 2013, Procedure is enclosed

Dear Kapil,

If your company amending MOA by passing special resolution, require to file form MGT-14 within 30 days from date of passing Special Resolution.

if a private company wants to increase its paidup capital by way of right issue and the existing shareholders renounce their rights to someone else, in that case mgt 14 is not required. Am i right?

Dear Anjali,

As per Section 117 (3) read with Section 179 (3) (c) of CA, 2013, Company has to file MGT-14 within 30 days from date issue of any kind of securities.

section 117(3)(g) is exempt for private company so sec 179(3) is not applicable to private company with respect to filing of mgt14