fees for raising authorised share capital

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Naveen (Querist)
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17 December 2009 pls. tell

what is the fees for raising authorised share capital and how it is paid
what documents are required to be submitted with roc for raising authorised share capital

thanks in advance

Ankur Garg

Ankur Garg (Expert)
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17 December 2009 To calculate the fee for increase in authorised capital use MCA calculator available at the link below:

http://www.mca.gov.in/DCAPortalWeb/dca/MyMCALogin.do?method=setDefaultProperty&mode=15

For increase in AC Memorandum is required to be altered. For this you have to pass an ordinary resolution in the general meeting.

You have to file form-5 for increase in AC. With form-5 you have to attach altered MOA and certified true copy of shareholders approval.

You have to pay stamp duty on altered MOA along with ROC fee.

Regards

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CS Vandana Kacholia

CS Vandana Kacholia (Expert)
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18 December 2009 in addition to above suggestion, check Article relevant to share capital in AOA, if require to be change then also attach altered part of AOA.

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Ankur Garg

Ankur Garg (Expert)
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18 December 2009 Agree.

In case alteration in article is also required then pass SR for alteration and file form-23 with 30 days of GM.