Small company - urgent

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Ram chandran (Querist)
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16 April 2015 I am incorporating company having paidup capital of 30 lakhs only. under small companies registration and paid the MOA fees for small company. subsequently my turn over has crossed 2 crores and my company was not considered as small company. in this case, whether i have to pay the additional MOA fees applicable to normal companies. if yes, what is the procedure to pay that excess fees.

Pratik Shah

Pratik Shah (Expert)
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20 April 2015 No, you do not need to pay additional fees because while incorporation, it was small company. By virtue of change in turnover, it became non-small company. Hence you do not need to pay it now.

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