Procedure to increase in authorised capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2012
Hello Sir
We wanted increased our company Authroised Capital kindly let me know what is procedure for the same & other statutory requirement
Thank in advance
We wanted increased our company Authroised Capital kindly let me know what is procedure for the same & other statutory requirement
Thank in advance
31 January 2012
1. Hold Board Meeting for convening Shareholders Meeting for passing Ordinary Resolution in terms of Section 94 read with Section 97 of the Act. (Passing of Special Resoltuion is required, if alteration in the capital clause of AOA is required to be made);
2. Convene Shareholder meeting (EGM/AGM)and pass the required resolution;
3. File Form 5 with the Registrar within 30 days of the passing of resolution. Amended MOA/AOA required to be attached to form 5.
(Form 23 is required to be filed if special resolution is passed in the GM, otherwise not)
4. Make changes in all copies of MOA/AOA.
2. Convene Shareholder meeting (EGM/AGM)and pass the required resolution;
3. File Form 5 with the Registrar within 30 days of the passing of resolution. Amended MOA/AOA required to be attached to form 5.
(Form 23 is required to be filed if special resolution is passed in the GM, otherwise not)
4. Make changes in all copies of MOA/AOA.
Message likes :
1 times
01 February 2012
Agree with Expert..
16 February 2012
Expert has given you correct reply and I agree with him. Kindly follow his advise and accordingly change or increase the authorised capital of your company
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