chethan (Accountant ) (69 Points)
26 August 2011Dear All,
our company is in bangalore having authorised capital of RS:1 lakh but now we are trying to increase up to 12lakhs. please let me know what's the procedure?
what all the forms need to file with ROC.
what's the ROC fees & stamp duty its urgent please hlep me.
G.L.Subhramanian
(PCS)
(206 Points)
Replied 26 August 2011
Hi Chethan,
The procedure to increase the Authorised Share Capital (ASC) is as follows:
Convene a Board Meeting to fix up the date of General Meeting for increasing the ASC.
Pass resolution to increase the ASC. Ordinary Resolution is enough for increasing the ASC and altering the "Capital Clause" in Memorandum of Association [MOA], Special Resolution is required for altering the Articles of Association [AOA].
File Form 23 with the Registrar of Companies, Bangalore within 30 days from the date of General Meeting. Attach the Notice of General Meeting and Extract of General Meeting in the form [Rs. 200 is the ROC fees]
File Form 5 with the Registrar of Companies, Bangalore within 30 days from the date of General Meeting. Attach the Notice of General Meeting, Extract of General Meeting, Altered MOA, Altered AOA in the form [Rs. 26,000 is the ROC fees]. Enter the SRN of Form 23 in Form 5. Kindly file both the forms within 30 days as interest will be charged for everyday for form 5 and additional fee for form 23 in case of delay.
You can pay Stamp duty through Online.
Regards,
Subbu
G.L.Subhramanian
(PCS)
(206 Points)
Replied 26 August 2011
I am just 23.. No need for sir.. Subbu is fine..
chethan
(Accountant )
(69 Points)
Replied 26 August 2011
Hi subbu where r u working? what's ur contact number.................
G.L.Subhramanian
(PCS)
(206 Points)
Replied 26 August 2011
I am working in Everonn Education Limited, Chennai. My CS Membership Number is 27282.
My mobile number is 9884572377.
chethan
(Accountant )
(69 Points)
Replied 26 August 2011
Ho its very great.in the age of 23 u completed CS. hats of subbu...............
G.L.Subhramanian
(PCS)
(206 Points)
Replied 26 August 2011
The problem with passing so quickly is that i shud rely on platform like these to be keep updated and have the provisions in the mind permanently. The ppl who pass after 3 or 4 attempts have more knowledge on the provisions atleast when they clear CS as they keep reading it for every six months.
I wrote almost group by group. So it took me 5 years to finish from foundation to professional programme.
Everything has pros and cons. Its what you take from that which counts.
Regards,
Subbu
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