Home / Increase Authorized Capital
Updated on 16 May 2022 9.00 AM IST | 4 min read
Increase Authorized Share Capital of the Company
Authorized capital of a company comprises of number of shares a company can issue to its shareholders. Increase in authorized capital is very necessary for issuing new shares and investing more & more capital into the company. The starting capital of the company is usually Rs.1 lakh and it is clearly mentioned in the memorandum of association of the company. Shareholders’ approval is needed in case company wants to increase its authorized capital. A company can raise its authorized capital anytime with approval of shareholders & paying additional fee to the registrar of companies (ROC). A resolution must be passed by the board of directors to start the process of increase in authorized capital as well as for making necessary changes to the MOA & AOA of the company. It is one of the most critical decisions of the company that what would be the share capital and how can we increase the authorized share capital.
What Is Included In Our Package?
Eligibility Consultation
Document Preparation
Application Drafting
Government Fees
Documents Needed to Be Filed by the Company to Increase the Authorized Capital
The documents needed to be filed by the company to increase the authorized share capital are as follows -
- Filing of form SH-7
- Altered copy of MOA & AOA
- Board resolution passed by the company
- Resolution passed in extra ordinary general meeting (EGM)
- Notice of EGM explanatory statement.
Process to Increase Authorized Share Capital
Authorized Capital FAQ’S
- Filing of form SH-7
- Altered copy of MOA & AOA
- Board resolution passed by the company
- Resolution passed in extra ordinary general meeting (EGM)
- Notice of EGM explanatory statement
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