Increase in Authorise Share Capital (SH-7)
998399
*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.
Price
2000
Services covered :
- Filling the Form.
- Preparing Documents to be uploaded along with the form.
- Uploading the form.
Documents Required :
- Certified true copy of Ordinary Resolution for increase in Authorized Share Capital.
- Copy of altered AOA, if any Shorter notice consent.
- if any Any other document, as may be applicable.
FAQ ()
Question :
What are the forms required to be filed?
Answer :
SH - 7 and MGT-14.
Question :
What are the Governing Laws of this form?
Answer :
Section 64 (1) of the Companies Act, 2013 and rule 15 of Companies (Share Capital & Debentures) Rules, 2014.
Question :
Which companies are required to file this Form?
Answer :
All companies.
Question :
What is the Fees Structure of SH-7?
Answer :
Nominal Share Capital Fee applicable
Less than 1,00,000:Rs.200.
1,00,000 to 4,99,999:Rs.300.
5,00,000 to 24,99,999:Rs.400.
25,00,000 to 99,99,999:Rs.500.
1,00,00,000 or more:Rs.600.
Company not having Share capital: Rs.200.
Question :
What would the additional fees if Form is not filed within time?
Answer :
Delay up to 6 months:2.5 % for the period of delay.
Delay beyond 6 months:3% for the delay beyond 6 months.
Question :
What is the purpose of this Form?
Answer :
Whenever a company alters its share capital/ number of members independently or increases the share capital by conversion of debentures/loans due to order of Central Government, then this return shall be filed with the registrar. The return shall also be filed where the company redeems any redeemable preference shares.
Question :
What is the due Date of filing the form?
Answer :
The form shall be filed within 30 days from the date of meeting.
Question :
How stamp duty on form is paid?
Answer :
-Stamp duty on e-Form SH-7 can be paid electronically through the MCA portal.
-Payment of stamp duty electronically through MCA portal is mandatory in respect of the states which have authorized the Central Government to collect stamp duty on their behalf. Now e-Stamp duty payment is to be done online through MCA portal for all the states
-Refund of stamp duty, if any, will be processed by the respective state/ union territory government in accordance with the rules and procedures as per the state/ union territory Stamp Act.
