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Q. > Please Help: Master Data Correction on MCA
A Company while increasing its Authorised Share Capital from Rs. 1 Cr to Rs. 8 Cr has wrongly mentioned Paid Up Capital also as Rs. 8 Cr and MCA also approved the Form SH-7 and Master Data of the Company is also updated from MCA side with wrong Paid Up Capital of Rs. 8 Cr without filing Form PAS-3(Return of Allotment).
Again that same Company filed Form SH-7 for increasing its Authorised Share Capital from Rs. 8 Cr to Rs. 8.05 Cr with Correct Paid Up Share Capital mention in it as Rs. 1 Cr, but MCA has approved the Form by increasing its Authorised Share Capital by Rs. 8.05 Cr with same Paid Up Capital of Rs. 8 Cr Only even after mentioning the right Paid up capital of Rs. 1 Cr in the Form.
Is there any solution available to Correct the Paid up Capital in the Master Data of the Company?
Experts Panelist
Comments
Sahana G
25-Apr-2016 , 12:21:12 pmGo amd talk to the Concerned ROC Officer