Change in Capital or Registered Office
Raising capital or moving the registered office involves board and shareholder approvals and filings with the Registrar within fixed timelines. We plan the sequence so funds and moves are not delayed.
Increase in authorised capital
An ordinary resolution of shareholders (where the articles permit), alteration of the capital clause in the MoA, and filing SH-7 with stamp duty and fees within 30 days.
Allotment of shares
- Rights issue, private placement or preferential allotment, with the procedure each requires
- Valuation report where the law requires one
- Receipt of money in a separate bank account for private placements
- Return of allotment (PAS-3) and share certificates within the time allowed
- FEMA reporting where shares are issued to non-residents
Change of registered office
| Move | Main approvals |
|---|---|
| Within the same city, town or village | Board resolution; INC-22 within 30 days |
| To another city under the same Registrar | Special resolution; MGT-14 and INC-22 |
| To another Registrar in the same state | Special resolution and confirmation by the Regional Director |
| To another state | Special resolution, alteration of MoA and approval of the Regional Director, with public notice |
Frequently asked questions
Do I need to increase authorised capital before allotting shares?
Yes, if the allotment would exceed the existing authorised capital.
Is stamp duty payable on share issue?
Stamp duty applies on the increase of authorised capital and on share certificates, at rates set by law.
Can an LLP change its office?
Yes, with partner approval as per the LLP agreement and Form 15 filing.
This page gives general information about Agar & Co. and its services. It is not an advertisement or solicitation, and it should not be treated as professional advice. Rates, thresholds and due dates change from time to time.