How to Calculate Fees for Increasing Authorized Capital

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Rakesh

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Jul 22, 2014, 12:49:59 AM7/22/14
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Dear Members

One of our Private Company Authorized Share Capital is Rs. 20,00,000 and thy want it to be increased to 3 Crore. i.e additional of Rs. 2 Crore 80 Lakh

What will be fees for this..

How to calculate the Fees 


Santhosh Thakur

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Jul 22, 2014, 12:51:45 AM7/22/14
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Hi,

Refer Help in eform SH-7..


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Thanks & Regards

 Santhosh Thakur

Devansh Garg

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Jul 22, 2014, 12:56:26 AM7/22/14
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please note the fees which will come at present shall be deduceted from he fees already paid by the company till date.


On Tue, Jul 22, 2014 at 10:19 AM, Rakesh <huliha...@gmail.com> wrote:

Rakesh

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Jul 22, 2014, 1:18:09 AM7/22/14
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As per Help SH-7 I calculated the fees... Plz let me know if the calculation is correct

Fixed Amount of Rs. 2,06,000
Additional          Rs. 1,12,500

Total                 Rs. 3,18,500

Stamp duty I have not calculated will do it by myself

surbhia...@gmail.com

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Jul 22, 2014, 1:54:31 AM7/22/14
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Dear All,

As per Form SH-7 help,

Fixed- 2,06,000
Additional- 1,35,000
Total= 3,41,000
(Less)fees applicable on existing Authorised Capital= 36000
Fees payable= Rs. 3,05,000

Kindly let me know if it is correct.


Thanks & Regards,
Surbhi Agrawal

On Tuesday, July 22, 2014 10:19:59 AM UTC+5:30, Rakesh wrote:

Rakesh

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Jul 22, 2014, 1:57:54 AM7/22/14
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Dear Surbhi

As per the Notes below given in Help SH-7 it given as 

At the time of increasing the authorized capital, if fee payable on increased authorized capital is exceeding Rupees two crore and fifty lakhs then the fee applicable shall be limited to two crore and fifty lakhs.

So I believe it should be Additional of Rs. 1,12,500


On Tuesday, July 22, 2014 10:19:59 AM UTC+5:30, Rakesh wrote:

surbhi agrawal

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Jul 22, 2014, 2:06:27 AM7/22/14
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Hi Rakesh,

As per my interpretation to the notes given in help SH-7 

I believe if fee payable on increased authorized capital is exceeding Rupees two crore and fifty lakhs then the fee applicable shall be limited to two crore and fifty lakhs.

Here, fee is not exceeding Rupees two crore and fifty lakhs.

Therfore, It is correct.

Please go ahead with fee payable to ROC

Surbhi Agrawal
Boston Financial Advisory group


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abhishek singh

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Jul 22, 2014, 2:48:57 AM7/22/14
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Dear All,
            The Total Fee Payable on MOA Shall be Rs.2,90,000/- excluding Stamp Duty.


Calculation:
                      Fixed              Rs.2,06,000        (Upto Rs.1,00,00,000/-)
                + Additional Fees  Rs.1,50,000        (i.e. on Balance of Rs.2,00,00,000/-) (Rs.2,00,00,000 / 10,000 x Rs.75)
                                         ______________
                  TOTAL               Rs.3,56,000
LESS: Already Paid             Rs.66,000        (On Rs.10,00,000 -Rs.36,000/-(Fixed)+ Bal.of Rs.10,00,000-Rs.30,000)
                                                                                                                         (Rs.10,00,000 / 10,000 x Rs.300)
                                  __________________
FEES PAYABLE                  Rs.2,90,000/-


Thanks & Regards,
___________________
CS Abhishek Singh
Practising Company Secretary



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