Change of authorized capital after filling form1a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2013 hi, I have received the confirmation for availability of company name after filing form 1A. In that form, I had written authorised capital of Rs25 lac. But now i realize that i should have set the authorised capital of Rs 10 lacs . So can I change my authorised capital now itself to Rs 10 lacs in Form 1?

Ajay Mishra

Ajay Mishra (Expert)
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19 November 2013 Yes, you can mentioned the new authorised capital in Form-1. You can revise the same.

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2013 please sir tell me detail procedure

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Ajay Mishra

Ajay Mishra (Expert)
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19 November 2013 There is no procedure. You only take NOC from promoter that your capital will be this and the same should be display in MOA and Form-1.

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2013 sir i had used noc but dere is showing error

Ajay Mishra

Ajay Mishra (Expert)
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19 November 2013 I did not get your above query.

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2013 sir i filled form1 wid noc of director but dere is showing error that is u may increase authorized capital but can"t decrease it