Authorized capital defines the limit, that can be used for calling for shareholders funds. Whenever business requires infusion of equity, the total equity called for shall be limit set down by the Authorized capital limit.
What are the Documents required for increasing Authorized Capital ?
WHATS INCLUDED IN THIS PACKAGE ?
What is the process for Increasing Authorized Capital?
Verifying approval within the Articles of Association
Board meeting to notify the incidence of EGM
Extraordinary General Meeting
ROC Form documenting
The Authorized Capital has to be minimum Rs. 1 Lac and there is no minimum limit for Paid up Capital.
The Authorized Capital of the Company is the maximum limit up to which a Company can issue shares and Paid up Capital is that part of the Authorized Capital for which Shareholders have made the investment into the Company.
Yes, Holding of AGM is mandatory to increase authorized share capital.
A company can increase its authorized capital by filing Form SH-7 within 30 days from the date of passing the resolution i.e. from the date of alteration.
The time limit is 30 days from passing of the Board Resolution for Increasing of Authorized Share Capital.
MOA, AOA, documents for Board Meeting of the Company and documents for Extra Ordinary General Meeting (EGM) of the Company.
10 + Years of experience
Best offers in the industry
Low cost & more effeciency
We work across the glomr
Less turnaround time
© Taittiriya Pact