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
Rs. 5499
- Upto 10 Lakhs Increase in Capital
- (Excluding Government Fees)
Rs. 7499
- Upto 25 Lakhs increase in Capital
- (Excluding Government Fees)
Rs. 9499
- More Than 50 Lakhs Increase in Capital
- (Excluding Government Fees)
Documents Required
Some of the reasons for increase in authorized capital
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.
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
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.
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-
Clause V of Memorandum of Association.
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.