Get Share Application Money Utilization Certificate by CA – For ROC, FDI, Bank & Investor Compliance
When a company receives share application money from shareholders, investors, or foreign entities, it must ensure that the funds are utilized as per the intended purpose. Regulatory authorities, including ROC, RBI, banks, and investors, may require a Share Application Money Utilization Certificate, certified by a Chartered Accountant (CA).
At Taxfixy, we help startups, private limited companies, and foreign subsidiaries obtain a Share Application Money Utilization Certificate that meets ROC, RBI (FEMA), SEBI, and banking requirements with 100% accuracy and legal compliance.
What is a Share Application Money Utilization Certificate?
A Share Application Money Utilization Certificate is a formal document issued by a practicing CA certifying how the funds received as share application money have been utilized by the company before allotment of shares or during the capital raise process.
It ensures that the money received from shareholders:
- Has been deposited in the company’s bank account
- Has been used only for business purposes
- Is not diverted to personal or unrelated usage
- Is in line with regulatory and legal frameworks (MCA, FEMA, etc.)
This certificate is mandatory in many cases involving foreign direct investment (FDI), delayed allotment of shares, SEBI inspections, or ROC scrutiny.
Who Needs This Certificate?
- Private Limited Companies and Startups raising share capital
- Companies receiving FDI or foreign remittance for share allotment
- Unlisted companies issuing shares to new promoters or investors
- Businesses facing ROC notice for delayed share allotment
- Companies under audit or during shareholding review
- Legal and funding due diligence by investors or VCs
If your company has received funds as share application money and shares are not yet allotted, this certificate proves that the funds have been appropriately accounted for and used.
Documents Required
- Details of share application money received (party-wise)
- Copy of share application forms (if applicable)
- Bank statements showing fund inflow and utilization
- Ledger of Share Application Money A/c
- MOA and AOA of the company
- Board Resolution for share issue
- FCGPR/Form PAS-3 (if applicable)
- FDI compliance documents (if foreign funds involved)
We will also prepare a utilization summary or annexure if required.
What the Certificate Includes
- Name and CIN of the company
- Date of incorporation
- Amount of share application money received
- Name and details of applicant(s)
- Purpose of funds received and how utilized
- Declaration that the funds are not misused or diverted
- CA’s name, membership number, UDIN, and firm seal
- Supporting statement (ledger summary or transaction trail)
Customized formats are available for bank, investor, ROC, or FDI purposes.
Why Choose Taxfixy?
- Experienced Chartered Accountants with MCA and FEMA expertise
- 100% online PAN India service
- Quick delivery within 24–48 hours
- Compliant formats accepted by ROC, RBI, auditors, and investors
- Affordable pricing and transparent communication
- Confidential handling of your capital and investor records
- Support for FDI reporting (Form FCGPR), share allotment & PAS-3 filings
Whether you're managing a ₹1 lakh or ₹1 crore capital raise, we provide the same reliable documentation support.
How It Works
- Call or WhatsApp us at +91 7048914151 or email support@taxfixy.com
- Share your bank statement, capital ledger, and allotment details
- Make secure online payment
- Our CA reviews, verifies, and certifies the fund utilization
- Receive your PDF certificate via email (hard copy available on request)
We also assist with share allotment documentation, Form PAS-3 filing, and RBI FCGPR reporting if needed.
When is this Certificate Required?
- Delayed or pending share allotments
- During FDI receipt and compliance reporting
- Investor due diligence before fresh funding
- Filing Form PAS-3 with ROC
- Answering ROC or RBI notices regarding fund flow
- Complying with statutory audit or internal audit requirements
Where is it Accepted?
- ROC (Registrar of Companies)
- MCA (Ministry of Corporate Affairs)
- Banks and NBFCs
- RBI / AD Bank (for foreign investments)
- Auditors and statutory authorities
- Investors and private equity firms
Apply Now – Certify Your Share Application Fund Usage with Taxfixy
Ensure legal, clean, and verifiable capital usage with a CA-certified certificate.
Email: support@taxfixy.com
Call / WhatsApp: +91 7048914151
Website: https://taxfixy.com
Taxfixy – India’s most trusted partner for capital compliance, ROC certification, and CA-verified business documentation.
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