Authorised Capital Increase

Anirudh Tanvar (Service) (85 Points)

08 January 2009  

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