Increase in Authorized Share Capital
Get Started – From Rs. 3,500/- + Govt Fees
The authorized capital is the maximum amount of capital which a Company can raise through the issue of shares to its shareholders. Authorized Share Capital is the amount mentioned in the capital clause of Memorandum of Association of the company. Up to this amount the company can raise capital.
But a company may, during its course of business operation, require additional capital for expansion, meet working capital requirements etc. An increase in authorized capital is being required for issuing new shares and inducting more capital into the Company. If the company wants more capital then the capital clause has to be amended by the members by passing a special resolution at a meeting.
This process is complicated and takes a significant time as it requires, permissions of the Registrar of Companies (ROC) and other filing requirements. Our Expert Professional can help you with respect to the filing and issuing of share with respect to the increase in authorized share capital of the Company.
Process Time:
AuditNeeds can complete the Increase in Authorized Share Capital in 7 to 10 working days, subject to Government processing time.