Deepanshu arora (chartered accountant) (130 Points)
28 December 2009We are going to increase Authorised capital one of our pvt. ltd.. earlier its authorised capital of rs 10L (100000*10/each) and now increase upto Rs.150L.
Q1. Can we do by ordinary resolution.
Q2. can we do by Right issue, if yes then what r the requirements required to be fullfil.
our company is not a listed co. and it 100% subsidiary of foreign registered company.
plz advise as soon as possible
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 28 December 2009
| Originally posted by : Deepanshu arora | ||
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We are going to increase Authorised capital one of our pvt. ltd.. earlier its authorised capital of rs 10L (100000*10/each) and now increase upto Rs.150L. Q1. Can we do by ordinary resolution. Q2. can we do by Right issue, if yes then what r the requirements required to be fullfil. our company is not a listed co. and it 100% subsidiary of foreign registered company. plz advise as soon as possible |
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You can increase your authorised capital by passing Ordinary Resolution unless your AOA provides for Special Resolution. Hence refer your AOA.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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