Increase InAuthorized Capital Of Private Limited

Capital refers to the amount invested in the company so that it can carry on its activities. In a company capital refers to "share capital".For Increase in Authorized Share Capital, the company has to make sure that its Articles of Association contain a provision authorizing it to increase its authorized share capital. Reason being Section 61 of the Companies Act, 2013, mandates that for increasing the Authorized share capital, authorization in Articles of Association is a pre-condition. In other words Company has to make sure that its Articles of Association contain a provision authorizing it to increase its authorized share capital. 

For increasing the Authorized Capital, the company has to pay Stamp Duty to the State Government and the ROC Fees.Every Private Limited Company, after its registration has to follow basic mandatory compliance as per the Companies Act, 2013. For various events, lot of filing is required to be undertaken with Registrar of Companies. Some of the compliances are event based whereas other compliances are periodic. Team of Startup Setup will maintain your company law compliance hassle free at reasonable package. A team of expert secretarial will maintain fulfill compliance part.


Holding Meetings under Companies Act 2013

The First meeting of the Board of Directors of a Private Limited Company shall be conducted within 30 days from the date of Incorporation of company. Every company shall maintain minutes of all processing’s of every general meeting. The meetings need to be noted and the signed minutes need to be maintained at the Registered Office.

Annual Filings

Private Limited Companies are required to file its Annual Accounts and Returns disclosing details of its shareholders, directors, financial statements, shareholding patterns etc., to the Registrar of Companies. Such compliances are required to be made once in a year. Non non filing of return penalty may attract to company.

Maintenance of Statutory Registers and Records

A Private Limited Company has to maintain various statutory registers and records as required by the Company law such as Register of shares, Register of Members, Register of Directors , Resolutions by Board of Directors, Minutes of the Board Meetings and Annual General Meeting etc. are also required to be preserved by the Company.

Annual General Meeting

Every Private Limited Company is required to hold a meeting of its shareholders once in every year within a period of six months from the date of closing of the financial year.The primary agenda of an AGM includes approval of financial statements, declaration of dividends, appointment or re-appointment of auditors, appointment and remuneration of directors etc

Following are few Event Based Filings

In the course of business some of time based events may occur for which e filing need to done for change in Authorized capital of CompanyGiving Loan to DirectorsAppointment or change of Statutory Auditor of Company, Change in AOA or MOA ,Change in registered Office ,Appointment or Removal of directorAppointment of secretory / Cost Auditor.

Compliance by Director

Every director has to disclose about his directorship in other companies every year. The same need to be done in specified format as prescribed.Such records are to be kept at the registered office of the company and shall be open for inspection to its members during business hours.


What ROC compliance are mandatory to Company?

All the Companies incorporated are mandatory required to file various forms, returns and documents with the Registrar of Companies (ROC) in an electronic mode within the prescribed time along with the prescribed fees.

What is Annual Filing?

At the end of each financial year, all Private Limited Companies/Public Limited companies have to close their accounts and conduct audit. After completing the audit an Annual General Meeting has to be conducted to pass the audited Balance sheet and P&L account with Auditors Report. This Balance sheet and other financials of the company have to be filed with Registrar of Companies

What are the various ROC Compliances Companies have to do?

Companies have to Comply with ROC by filing various return, forms and documents and these could be characterized in two heads.

  • Annual compliance filing – Compliances which are required to be made once in a year by all the companies incorporated under the Companies Act, 2013
  • Other Compliance filing – ROC filing for Event based activity.

What are the various events in which compliance with ROC is required?

Given below is the list of few events in which compliance with ROC is required:

  • Change in composition of the Board of Directors.
  • Alteration of memorandum and articles of association of the company.
  • Amalgamation of the Company with other company.
  • Allotment of new shares / transfer of shares / invitation to subscribe for shares.
  • Change in Authorized / Paid up Capital of the Company.
  • Change in Registered office of Company

Who should sign the Annual return?

The Directors of the Company must sign the Annual return of the Company. The Balance Sheet, P&L Account that is filed along with annual return must be audited and signed by Practicing Chartered Accountant

What is the penalty for non-filing of Annual Return?

If a company fails to file Annual Return with Registrar of companies within the specified time, then the company shall be liable to pay penalty till filing of Annual return.

What is Director Identification Number (DIN)?

Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires.

Can a Foreign National or an NRI be a Director in a Private Limited Company?

Yes, a Foreign National or an NRI can be a Director in a Private Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.

Process Flow

Filing Advice

Our Team can advise on the mandatory e filing applicabe to the  company and time line for increase in Capital  of company

1 Day

Return Prepration

Our expert team will prepare documents for filing based on the events occured and financial statments.

1 Day

Validation of Information

Our team shall share documents prepared with the authorized person for validation of informaiton filed in e filing

1 Day

E Filing

After approval of inforamtion by authorized person our team shall file e return for increase in capitla to minsitry of corporate affairs.

1 Day

Services Offering

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Starting Business

Our experienced team of professional and help you in deciding and incorporating Private Limited, LLP, One Person Company, proprietary firm and other business entities. We advise on complete one roof services for business registrations.

Taxation Consultancy

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Corporate Compliance

Indian companies and LLP are require do comply with various statutory provisions by filling return with MCA. Our teams helps for timely filling of compliance. Timely filling of returns avoid late filling penalty.

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