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Increase Authorized Capital

All about Increased Authorized Capital

Authorized Capital is the maximum amount of capital for which shares can be issued by a company to its shareholders. It is defined under section 2(8) of the companies act. The Authorized capital is mentioned in the Memorandum of Association of the Company under the heading of “Capital Clause”.

But as when business grows there can be need to increase Authorized capital of the company. Company can increase its Authorized Share Capital, only if it is authorized by its Articles of Association and after obtaining approval of members by ordinary resolution.

So, we are here for you to help to fulfill this process.


    Corporate Genie Plans

    Basic

    Rs. 5499
    • Upto 10 Lakhs Increase in Capital
    • (Excluding Government Fees)

    Standard

    Rs. 7499
    • Upto 25 Lakhs increase in Capital
    • (Excluding Government Fees)

    Premium

    Rs. 9499
    • More Than 50 Lakhs Increase in Capital
    • (Excluding Government Fees)

    Documents Required

    A certified true copy of the resolution for the alteration of capital.
    Copy of the new MOA (change made in the Capital Clause).
    Copy of the new AOA (in case of alteration to include provision for the increase in authorised share capital).
    Board Meeting
    Shareholders’ Approval

    Some of the reasons for increase in authorized capital

    Business expansion
    Investors increasing.
    For new resources.
    For new ventures.

    Any Query ??
    Don't hesitate to contact us

    We can work on any of the Accounting Software of your choice and deliver you the work on time.

    Contact Us Now

    Process to Reach Us

    Fill the details in the form provided on our website.

    Make the required payment.

    Our expect Team for will call you and ask for all the Necessary Information and Documents.

    The Expert will Prepare and ask for Increase in Authorized Capital process.

    Finally, filing and processing of Increase in Authorized Capital, so the process is completed.

    FAQ

    What is an Authorized Capital for a Company?
    Authorized Capital is the maximum amount of capital for which shares can be issued by a company to its shareholders. It is defined under section 2(8) of the companies act.
    How can a Company increase its Authorized Capital?
    A company can increase its Authorized Capital by initiating an amendment in its AOA (if needed) and for the same board meeting is been required-
    In which Clause of Memorandum of Association of a company limited by shares, Authorized Share Capital is mentioned?
    Clause V of Memorandum of Association.
    Which Forms are required to be filed for increasing Authorized Share Capital by company?
    Form MGT-14 and SH-7 are required to be filed with ROC within 30 days from the date of date of passing of Resolution.