Kindly advise whether it is required to file MGT 14 for aprivate company for increasing its authorized capital
Menu
Increase in authorized capital
Replies (4)
Answer is same as your name - "No"
No, it is not required.. but if u need to alter your articles by passing SR for alteration of Articles resulting from increase in AC then it is required..
but in this context director are execrising its power of incresing authorized capital
Rightly answered by the learned members, it is not required to file form MGT 14 for increase in authorised share capital if you are passing ordinary resoluion only.
In case you have passed Special Resolution or you have also altered your articles, you need to file form MGT 14 as well.
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
