Increase in authorised capital

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 May 2011 Sir,

Can authorised capital of a pvt. ltd co be increased online ?

Can transfer of shares of a pvt. ltd. co. be done online

Jayashree S Iyer

Jayashree S Iyer (Expert)
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18 May 2011 For increasing Authorised Share Capital of the Company, you have to pass shareholders' resolution in General Meeting and file Form 5 online alongwith Shareholders' Resolution paying necessary fees. If special resolution is passed you have to file Form 23 as well.

Similarly transfer of shares of a private limited company has to be approved by a Board Resolution. You have to obtain Share Transfer Form 7B duly filled,signed and stamped by the transferor and the transferee.