What is the filing fees for increase in Authorised capital?
Charges for Additional Authorized Capital
For each lakh of additional share capital from Rs. 1 lakh to Rs. 5 lakh, Rs. 4,000 per lakh of Authorised capital.
The authorised capital is the maximum amount of capital for which the Company can issue shares to the shareholders. … A company may take the necessary steps required to increase the authorised capital limit in order to issue more shares, but it cannot issue shares exceeding the authorised capital limit in any case.
Increase Authorised Share Capital. Each business needs more funds over time to run business. … The company can therefore issue new shares within the limit of the authorized capital mentioned in the MOA. If the company wishes to issue more shares than the limit that is specified then amendments need to be done in the MOA.
1,000 on every Rs. 5 Lakhs of amount of increase in Authorised Share Capital or part thereof subject to a maximum of 50 Lakhs of Stamp Duty. In our case, increase is of Rs. 20,00,000.
Calculation of fees payable on increase in Authorised Share Capital.
Can paid-up capital be increased?
Paid-up capital is the amount of money a company has been paid from shareholders in exchange for shares of its stock. … A company that is fully paid-up has sold all available shares and thus cannot increase its capital unless it borrows money by taking on debt. Paid-up capital can never exceed authorized share capital.
The number of shares represents the authorized shares. The number of authorized shares can be increased by the shareholders of the company at annual shareholder meetings, provided a majority of the current shareholders vote for the change.
Increases in the total capital stock may negatively impact existing shareholders since it usually results in share dilution. … As the company’s earnings are divided by the new, larger number of shares to determine the company’s earnings per share (EPS), the company’s diluted EPS figure will drop.
How are MCA fees calculated?
– Company holding AGM or whose due date of holding AGM is on or before 20.09.
|Inspection of Company / LLP Documents|
|Viewing Company Documents on Portal||Rs 100.00 per Company|
|Nominal Face value of shares is upto Rs. 5000||Rs 50.00; per deed|
|Nominal Face value of shares is more than Rs. 5000||Rs 100.00; per deed|
What is MCA charge?
A charge on a company is a right created by a company “the borrower” on its assets and properties, present and future, in favor of a financial institution or bank “the lender”. … The charges on a company is public information and can be found in the MCA website.
What is the government fee for company registration?
Government fees for company registration
|Nominal share capital||Registration fees|
|Rs. 1,00,000 to Rs. 5,00,000||Rs. 5,000. Rs. 400 will be added for every increase of Rs. 10,000 of nominal share capital.|
|Rs. 5,00,000 to Rs. 50,00,000||Rs 21,000. Rs. 300 will be added for every increase of Rs. 10,000 of nominal share capital.|