how to increse authorised capital

Hi Friends can any body send check list for increse of authorised capital

i alresdy prepare form5 and form23.but i don't know which documents shall be attached please send me it' urgent
 

Replies (5)

To calculate the fee for increase in authorised capital use MCA calculator available at the link below:

 

https://www.mca.gov.in/DCAPortalWeb/dca/MyMCALogin.do?method=setDefaultProperty&mode=15 

 

For increase in AC Memorandum is required to be altered. For this you have to pass an ordinary resolution in the general meeting.

 

You have to file form-5 for increase in AC. With form-5 you have to attach altered MOA and certified true copy of shareholders approval.

 

You have to pay stamp duty on altered MOA along with ROC fee.

 

Regards 

Dear Sir,

ordinary resolution is sufficiant or can proceed to special resolution

FORM NO 5

ATTACH  ALTERED M.O.A AND CERTIFICATE OF STAMP DUTY

AND

FORM NO 23

ATTACH RESOLUTION PASSED FOR INCR IN AUTHO CAPITAL

Pass ordinary resolution u/s 94.

 

 

Increase in Authorised Share Capital of the Company

“RESOLVED THAT pursuant to the provisions of Section 94 and other applicable provisions if any of the Companies Act, 1956 (including any Statutory modification or reenactment for the time being in force) the Authorised Capital of the Company be increased from Rs. 50,00,000 (Rupees Fifty Lacs) to Rs. 20,00,00,000 (Rupees Twenty Crores) by creation of 1,95,00,000  (One Crore Ninety Five Lacs) new Equity shares of Rs.10/- (Rupees Ten) each ranking pari passu in all respects with the existing Equity Shares.

RESOLVED FURTHER THAT pursuant to the provisions of Section 16 and other applicable provisions if any of the Companies Act, 1956 (including any statutory modification or re-enactment for the time being in force) the existing Clause-V of the Memorandum of Association of the Company be and is hereby substituted by the following new Clause-V:

The Authorised Share Capital of the Company is Rs. 20,00,00,000 (Rupees Twenty Crores) divided into 2,00,00,000 (Two Croroe) Equity Shares of Rs. 10/- (Rupees Ten) each.

 

IF THERE IS ALTER OF A.O.A (DUE TO INCREASE IN AUTHO CAP)THAN ONLY SPECIAL RESOLUTION IS PASSED.

BUT ONLY M.O.A IS ALTER THAN ORDINARY RESOLUTION IS PASSED.

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