TaxTMI 
TaxTMI 
ABC & CO. want to increase the authorised capital of the company from 1 Cr. to 2 cr. in March 2009. Whether is it possible to increase such capital in Mar. 2009? what will be registration fees and stamp duty charges? What is penalty if any.The company has not yet done its audit
Increase in authrosied share capital
19 Dec 2011 
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Increase in authorised share capital requires Form 5 filing, payment of registration fees and state-dependent stamp duty.
An increase of authorised share capital requires filing Form 5 with the registrar, payment of registration fees and state-dependent stamp duty; late filing attracts progressively higher fees and outstanding audit deficiencies do not remove the obligation to complete these formalities. (AI Summary)
An increase of authorised share capital requires filing Form 5 with the registrar, payment of registration fees and state-dependent stamp duty; late filing attracts progressively higher fees and outstanding audit deficiencies do not remove the obligation to complete these formalities. (AI Summary)