Resolution

Dear Pravin JI,

The capital is increased w.e.f. the date of resolution.

Ya, effected date-Date of passing the resolution by members in AGM/Egm as the case may be

thanks for reply

so I Can show the increased share capital in the balance sheet ending on 31st March, 2011

Originally posted by : Pravin
	thanks for reply so I Can show the increased share capital in the balance sheet ending on 31st March, 2011

 Hi Pravin

In my view, yes you can show the increased share capital in B/S.

As the date of passing of resolution is 15th March, so the effect should be shown in FY 10-11 irrespective of filing of the form

taking place in FY11-12 bcoz the form is just an intimation to ROC to take on record and you have 30days time from the

resolution date to file the same.

Other views  Solicited.

regards

Santosh Shah

Agree with everyone...

Infact there is no qus of "cann you show"

The real situation is you have to show as there is no other option and AC is considered to be increased from March 15 for balance sheet and for all other purposes..

Rgds

Agree. Even if the resolution passed on 31st march, the increased authorised capital will be shown in the Final Accounts.