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Procedure of increase number of Share

Abir santra (Accountant) (42 Points)

10 June 2018

We want to increase our number of Equity share 256000 To No 56,00, 000 equity share . What is the ROC procedures

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felix thomas (student) (159 Points)
Replied 10 June 2018

In order to increase the authorised share capital. Check first if there is provision in AOA of the company for such increase. Conduct a board meeting and obtain approval of BOD and conduct an EGM and pass an ordinary resolution for increasing capital. Within 30 days submit for SH7 with the roc.