Menu
SpicE-MOA
Need a advise.. while incorporating a Pvt ltd company, share of 10,000 @ Rs.10 each, entered erroneously in spicE- MOA as 10,000 shares @ Rs.100 each. i.e. instead of 1 lac authorised and paid-up capital, it was mentioned as 10lac. Form Inc-20A , was filed with original paid up capital proof of Rs.1 lac subscribed. How to rectify this issue . kindly advice.
Replies (1)
Summary: You cannot re-submit the original incorporation forms. The standard approach is to pass a board and shareholder resolution to formally correct/alter the capital clause of the MOA to reflect the intended figures. You should file these changes with the ROC (typically via forms like MGT-14 or SH-7) and consult a professional to ensure the ROC master data is updated to remove the inconsistency.
Recent Topics :
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
Related Topics :
CAclubindia
