Increase authorized capital

Inquire for INCREASE AUTHORSED CAPITAL !!


INCREASE AUTHORSED CAPITAL !!

incress-business

The authorised capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. The initial authorised capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh. The authorised capital can be increased by the company at anytime with shareholders approval and by paying additional fee to the Registrar of Companies

To begin the process for increasing authorized capital a resolution must be passed by the Board of Directors. In the Board Resolution, authorisation must be provided for increasing the authorised capital of the company and making the necessary changes to the MOA and AOA of the company

ROC Form documenting !!

Within a time frame of 30 days of the passing of Ordinary Resolution, Form SH-7 must be filed with the concerned Registrar of Companies (RoC) along with the necessary fees and attachments as prescribed by Section 64. In addition to the altered MoA and AoA, the following attachments are required to be submitted along with e-form SH-7

  • Shareholders’ Resolution that has been passed in the EGM;
  • Board Resolution for increase in authorised share capital;
  • Board resolution for modification in the capital clause of Memorandum of Association;

The RoC will then check the forms and attached documentation. If all necessary requirements are fulfilled, RoC shall approve the
Increase Authorised Share Capital...

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