Compliance Pack
Increase in authorised capital, SH-7
What this means, checked by a CA
Before issuing more shares than your authorised capital allows, shareholders must approve a higher limit and the company files SH-7 within 30 days. We draft the meeting papers and altered MOA, work out the ROC fee and stamp duty, and file.
₹3,499
One time, + 18% GST
- Delivered in 3 working days after the general meeting
- Due: Within 30 days of the shareholders' resolution
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 8 items
Current and proposed authorised capital
Drives fee and stamp duty
Class split and face value
MOA Clause V must match
Copy of articles of association
Must permit capital alteration
Board resolution and meeting notice
Calls the general meeting
Shareholders' resolution, certified copy
Attached to SH-7
Altered memorandum of association
Must be filed with the notice
State of registered office
Decides stamp duty
MGT-14 SRN if special resolutionOptional
Linked in SH-7
DiscussionWhat we discuss · 5 items
How much capital do you plan to issue in the next 2 to 3 years?
Avoids repeat SH-7 fees and stamp duty
Do the articles allow capital increase, and by ordinary or special resolution?
Special resolution means MGT-14 too
Are you adding a new class, such as preference shares?
Needs class details; may need AOA change
Is the registered office state on MCA records correct?
Wrong state gives wrong stamp duty
Is an allotment planned right after?
SH-7 must be approved before PAS-3 (MCA-EVT-04)
FormsForms we file · 6 items
Board meeting: approve the proposal, notice of general meeting and draft altered MOA
Where: Internal. Due: 21 days before the meeting, or shorter notice with consent
General meeting: pass resolution increasing authorised capital and altering MOA Clause V
Where: Internal. Due: Before any allotment above the old limit
If articles also altered (special resolution): file MGT-14
Where: https://www.mca.gov.in. Due: Within 30 days of the resolution
Compute ROC fee difference and stamp duty
Fee(new capital) minus Fee(old capital) on the Table of Fees scale; stamp duty as computed by the portal for the state
Where: https://www.mca.gov.in. Due: Before filing
File SH-7 with resolution, altered MOA (and AOA if changed)
If late: 2.5% a month for first 6 months, then 3% a month, on the fee
Where: https://www.mca.gov.in. Due: Within 30 days of the resolution
Update statutory records and minutes
Where: Internal. Due: On approval
DeliverablesWhat you get · 3 items
SH-7 SRN and challan (fee and stamp duty)
When: Same day as filing
Approval and updated authorised capital in master data
When: Within about 30 days
Altered MOA copy and resolution
When: With filing
Questions people ask
Do we need MGT-14 for increasing authorised capital?
Not if it is done by ordinary resolution. Only a special resolution (for example to change the articles) needs MGT-14.
How is the ROC fee worked out?
It is the registration fee on the new capital minus the fee on the old capital, at current rates.
Will increasing capital in MGT-7 update MCA records?
No. Authorised capital in master data updates only through SH-7 or INC-28.
What if SH-7 is filed late?
Additional fee of 2.5% a month for 6 months and 3% a month after that, plus possible Sec 64 penalty of ₹500 a day.
Is stamp duty payable on SH-7 after the Supreme Court NOCIL ruling?
The April 2024 ruling said the articles, not the ROC notice, are the chargeable instrument under the Bombay Stamp Act. The portal still computes state duty, so check the live amount.
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