Authorised Capital Increase

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
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details