31 May 2014
A Private Limited Company wants to Increase it's paid up share capital( Equity) from Rs.28,00,000/- to Rs. 50,00,000/- by issuing it's share to the relative of both the Directors of the company. The company has Authorised Share Capital of Rs. 50,00,000/-. Please suggest the details procedure to be followed as per Company Act,2013 and ROC compliance.
31 May 2014
1. According Section 42 of the companies act 2013 requirement is BR, NOTICE and SR 2. Then Filled Offer letter PAS 4 3. Then filled PAS 5 4. File form MGT 14 to Roc with in 30 days after pass SR 5. File PAS 3
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