form for increase in authorised share capital

For filing a notice of any increase in the nominal share capital of a company, the difference between the fees payable on the increased share capital on the date of filing the notice for the registration of a company and the fees payable on existing authorized capital, at the rates prevailing on the date of filing the notice. A company may need to increase its authorised share capital before issuing new equity shares and increasing paid-up capital. Increase in Authorized Share Capital by Passing of Resolution through Circulation The Chairman of the Board or in his absence, the Managing Director or in their absence, any Director other than an Interested Director shall decide that whether the approval of Board can be obtained by Resolution by Circular. Allotment in cash: a bank deposit slip would also be required. Authorised share capital is the total value of shares a company can issue, while paid-up capital is the total value of shares the company has issued. 2. Ans. On this matter please refer to the below information: Kindly… In case, the Articles of Association does have necessary provisions or authority for the company to increase its authorised share capital. • Issue the notice and agenda in writing, by giving not less than 7 days’ notice, for conducting the meeting of the board of directors. – Copy of the new AOA (provision for the increase in authorised share capital). Procedure to Increase the Authorised Share Capital. ... Meeting and pass resolution to increase the Authorised Share Capital. For ‘Increase in share capital with Central Government order’ 5 (a), (b) Enter details in respect of the increase in authorised share capital. The objective of this form is to intimate the Registrar regarding the details of the increase in the authorised capital. cac2.4 notice of change of authorised share capital. Procedure to increase Authorised Share Capital Companies Act, 2013 pursuant to Section 61 (read with section 13 and 14) allows for increase authorised share capital of the company. Step 1: Check Articles of Association (AOA) of the Company Articles of Association (AOA) means a bye law of the company which contains systematic set of rules and regulations … Any increase or reduction in the authorised share capital involves a change to the Constitution of the company which the members must resolve to do. A reduction of issued share capital generally requires a High Court Order under s84 of the Companies Act 2014 or can be effected using the Summary Approval Procedure. cac 7a notice of change of directors, or in the name, residential address or postal address of director This article on the procedure to increase authorised share capital of a company under the Companies Act, 2013 is written by Aswinisri Narayanan from ILS LAW COLLEGE, PUNE, also pursuing Diploma in Entrepreneurship Administration and Business Laws from NUJS. To increase the issued share capital, a company needs to file with the Registrar of Companies a shareholders’ resolution and the relevant return (Form H). Form SH – 7: This form has to be filed with the RoC within 30 days of passing the respective resolution. Allotment for other consideration other than cash: expert’s report. cac 3 notice of situation/change of registered address. cac 2a return of allotment (post incorporation) cac 2.7 application for the re-registration and conversion of company. INTRODUCTION: The capital of a company is divided into units of a fixed denomination. Authorised Share Capital Increase. System will automatically display the existing authorised capital of the company. Share/Stock Transfer Form Enter the revised authorised capital (after increase) of the company and amount of difference in RESOLVED, that authorized capital stock of $_____ of the Corporation, each share having a value of $_____, is hereby increased to a total authorized capital stock of $_____, consisting of _____ shares, each having a par value of $_____, and it is

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