For increase in paid up capital you have to allot the equity shares.
PROCEDURE
1. First convene board Meeting for allotment of equity shares and pass necessary resolution for allotment. 2. Download form-2 from MCA Site www.mca.gov.in 3. Fill form-2 and attach list of allottee. 4. Get form-2 certified from practicing CS/CA and upload the same on MCA Site.
Return of allotment is required to be submitted u/s 75 by filing form-2 with concerned Registrar of Company.
17 December 2009
Agree with Mr. Ankur! bt if paid up share capital is above authorised share capital! u need to pass necessary resolution regarding increase of authorised share capital & file form no. 5 to ROC.