Registration fee for section twenty-five companies remains fixed on capital increases; a single flat fee applies. The Department of Company Affairs advised that where a licence under section 25 was issued and the registration fee was fixed irrespective of authorised capital, the same fixed registration fee applies when that company increases its authorised capital, so the flat fee payable at incorporation governs fee liability on capital increase.
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Provisions expressly mentioned in the judgment/order text.
Registration fee for section twenty-five companies remains fixed on capital increases; a single flat fee applies.
The Department of Company Affairs advised that where a licence under section 25 was issued and the registration fee was fixed irrespective of authorised capital, the same fixed registration fee applies when that company increases its authorised capital, so the flat fee payable at incorporation governs fee liability on capital increase.
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