Re : Authorised Capital

Jasjeet (in practice) (196 Points)

05 January 2011  

Hi friends, I have a query dat company increased authorised capital in March, 2010 and after 10 days passed resolution for alltment of shares and allotted shares also. But Form 5 and Form 2 was filed in June, 2010 on different dates and , which means increase in authorised capital not intimated to ROC and further shares alloted. Is it valid.


One More query is company increased authorised capital on 30.12.2010 and noitce in Form 5 filed is still pending for approval. Can a company in its interim balance sheet as on 31.12.2010 can show is increased authorised capital or not.


Waiting for ur valuable replies. Thanx