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Increase of paid up capital of pvt co over rs 5 crores

Nataraj L (Finance Director) (27 Points)

03 October 2011

Hi ,

Please let me know what additional compliances under Cos Act 1956 are to made by a private limited increases its authorises its authorised, subscribed & paid up capital in excess of Rs 5 crores from less than Rs 5 crores.

Regards

Nataraj

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4 Replies

ARUN KUMAR (Financial Consultant ) (992 Points)
Replied 03 October 2011

1. PASS A SPECIAL RESOLUTION

2. CHANGE MOA CAPITAL CLAUSE

3.COMPLIANCE OF SEC.97

vinay (CS) (65 Points)
Replied 03 October 2011

Pass special resolution to change the MoA

File Form 23

you have to appoint a full time Company Secretary in compliance of Section 383A

Swapnil Jain (Finance - FP&A) (564 Points)
Replied 09 October 2011

Originally posted by : vinay
	Pass special resolution to change the MoA File Form 23 you have to appoint a full time Company Secretary in compliance of Section 383A

appoint a full time CS/ obtain a compliance certificate

Hitesh Parekh (Chartered Accountant) (41 Points)
Replied 30 November 2011

we are private limited company and have passed board resolution in board meeting to increase the authorised share capital of the company. in board meeting nothing was discussed about holding EGM but only approval was given for increasing the authorised share capital. now company decided not to increase the authorised capital. kindly provide us with solution and resolution to be passed in Board meeting or cancellation of the resolution of increase in authorised capital.