About Increase in Authorized Capital
An Authorized Capital is the maximum amount of capital which a Company can raise through issue of shares to its shareholders. It is the amount mentioned in the Capital clause of the Memorandum of Association of Company. Upto this amount the Company can raise capital. If the company wants more capital then the capital clause has to be amended.
Define the Process
|Preparation of basic documents||Signing of documents from Directors as well as shareholders||Filing of Forms along with signed attachments to give effect to increase in authorized share capital of the respective Company.||Average time taken is 20-25 working days as shareholders approval is also required to increase the Authorized share capital of the Company.|
Advantages of Increase in Authorized Capital of Company
The Company can get more money in the form of equity and utilize the same perhaps for expansion of business.
Room for growth
Increase in authorized share capital allows a room for growth and improvement in the operations of the Company
Frequently Asked Questions (FAQs)
How we help with Increase in Authorized Capital?
Registrationseva can help in Increase in Authorized Capital in 10 to 15 working days, subject to ROC processing time.
How to increase the authorized share capital of the Company?
The Company can increase its authorized share capital by filing the necessary form within 30 days from the date of alteration of capital.
Whether General Meeting is mandatory to hold for increase in authorized share capital of the Company ?
Yes, Holding of AGM is mandatory to increase authorised share capital.
Whether Special Resolution is required to pass for increase in authorized share capital of the Company?
No, only ordinary resolution is required to increase authorised share capital.
What are the information and documents required for increase in authorized share capital of the Company?
Details of Directors and Shareholders
Altered MOA of the respective Company
Digital Signature of any of the Director of Company
Details of increase in the capital of the respective Company
Any other information as may be required