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Increasing Authorized Share Capital in Bangladesh: Section 53 and Form IV

Audit update: The former article used an unsupported fee slab, called the provision section 116, and presented a universal 15-day rule without the current filing context. The official Companies Act text identifies section 53 as the share-capital alteration provision, while RJSC guidance identifies Form IV and a…

ID: 555 1,100 words

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Important: This is general information, not legal advice. For your situation, consult a qualified lawyer and verify the official publication.

At a glance

Executive summary

Audit update: The former article used an unsupported fee slab, called the provision section 116, and presented a universal 15-day rule without the current filing context. The official Companies Act text identifies section 53 as the share-capital alteration provision, while RJSC guidance identifies Form IV and a…

Practice area corporate rjsc
Reading time About 5 min
Latest date Review pending

Audit update: The former article used an unsupported fee slab, called the provision section 116, and presented a universal 15-day rule without the current filing context. The official Companies Act text identifies section 53 as the share-capital alteration provision, while RJSC guidance identifies Form IV and a section 56 filing reference. Confirm the current form and fees before execution.

12345AuthorityResolutionForm IVStamp / feeRJSC

Verified sequence

StageCurrent legal point
AuthoritySection 53 of the Companies Act permits a company limited by shares, if authorised by its articles, to alter share-capital conditions in the stated ways.
Corporate approvalCheck the articles and the resolution required for the proposed alteration; do not assume the same meeting route for every company.
RJSC filingRJSC publishes Form IV as the notice of increase of share capital and its FAQ refers to a filing within 15 days under section 56. Verify the current instructions.
CostStamp duty and RJSC fees depend on the current schedule and transaction facts. No fee slab is stated here.

Document pack

  1. Current memorandum and articles.
  2. Board/member resolutions and minutes.
  3. Updated capital structure and Form IV information.
  4. Stamp/fee evidence based on the current official schedule.
  5. Submission receipt and updated corporate records.

Frequently Asked Questions

Is section 116 the capital-increase section?

The official Companies Act text checked for this edition identifies section 53 for alteration of share capital.

Is Form IV filed within 15 days?

RJSC’s published FAQ states that reference, but the current form and applicable section should be confirmed for the filing.

Can a board alone increase authorized capital?

Only if the articles and the Act provide the required authority; check the corporate approval route.

What is the stamp surcharge?

It is not a fixed figure in this guide; use the current official schedule and transaction facts.

Does authorized capital equal paid-up capital?

No. They are distinct concepts and the filing must describe the actual alteration.

Which sources were checked?

Companies Act section 53 and RJSC Form IV guidance.

Legal information only; confirm current forms and costs with RJSC before filing.

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