banner_ad

Authorised Capital Increase

Resolutions 1596 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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details