SH-7 Share Capital Change

ROC SH-7 Share Capital Change

What is SH-7? 

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 a return shall be filed with the registrar within 30 days of such alteration or increase. The return shall also be filed where the company redeems any redeemable preference shares.

When has to be done?

This form has to be filed with the RoC within 30 days of passing the respective resolution.

What’re the documents needed for SH-7?

• Details of the company, including its CIN.
• Type of resolution.
• Date of the meeting.
• Service Request Number (SRN) of Form MGT – 14 already filed.
• Details regarding amount of original authorised share capital and amount of new authorised share capital.
• Details regarding the breakup of the additional share capital.
• Particulars regarding the Stamp Duty Fees paid.
• Digital Signatures and DINs wherever necessary.