Fee for Increase in Authorise Capital
Respected Members,
We want to Increase our Company's authorised Share capital from 11 crore to 16 crore. please let me know, the procedure and applicable fee to be deposited in ROC. Please define in detials with working of Fee structure.
Best Regards.
Pradeep Kaushik
Company Plans to Increase Authorized Share Capital by 5 Crore; Registration Fees and Stamp Duty Detailed A company seeks to increase its authorized share capital from 11 crore to 16 crore and inquires about the procedure and fees for registration with the Registrar of Companies (ROC). The response outlines the fee structure based on different capital ranges, specifying that for an authorized capital exceeding 1 crore, the fee is Rs. 1,56,000 plus Rs. 50 for every Rs. 10,000, up to a maximum of Rs. 2 crore. An additional stamp duty of 0.15% applies as per the Delhi Stamp Act. The fee for increasing the capital by 5 crore is calculated to be Rs. 2,50,000. (AI Summary)
Corporate Laws / SEBI / LLP