Authorised Capital Increase

1663 views 4 replies

Hi All,

Is it possible that at EGM or AGM there can be increase in Authorised Capital upto 10 Cr from 4 Cr. but paying the stamp duty with form no 5 as and when required or changing the capital in AOA and filing a copy of AOA with ROC alongwith form no 23 but not paying stamp duty about this increase.

I think this is not provided for in Compaines Act but Want a justifiaction / explanation for this

 

Replies (4)

In the meeting the issue for increase will be decided. thus as per company's records the capital has increased. Now filing with roc is another matter which is just informing the registrar about the change and paying the charges for the same.

if the process is not done as per stipulated rules then the transaction may be rejected

Thanks Sir...

 

             Increase in Authorised capital means  alteration in  share capital which amounts to alteration of MOA and needs a special resolution to be passed at an AGM with the due consent of all the shareholders present in meeting.
              The minutes of the AGM is required to be prepared within 30 days from the date of meeting duly signed by the Chairman present and needs to be filed with ROC. 

Good explanation Harsh*t.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details