Increase Authorised Capital of Company

FREE CONSULTATION

Feel Free to Contact Us Now! Call us (888)123-4567

Increase Authorised Capital in India

It is essential to check if the Authorised Capital of the company is adequate for increasing the paid-up share capital of the company. To understand the meaning and difference of these terms. We at setindiabiz makes your experience of increasing the Authorised Capital of the company and easy, fast and completely online process. For small companies (Capital up to 50 Lakh) and startups, we are offering our services for increasing the Authorised Capital @ Just Rs. 5999/-. The government fee and taxes on actual basis

Important Points on Increase of Authorised Capital

This involves amendment of MOA
AOA may also need to be amended
Check ROC Fee om MCA Portal
Board Meeting and EGM Required

Change in Partners of LLP

Process to Increase Authorised Capital of the Company

Step - 1: Obtain Board of Directors Approval for Increase of Capital of Company

To decide on the new limit of the authorised capital, or say alteration of the capital clause of the MOA directors must meet in a legally convened board meeting. The notice sent to directors must contain the agenda of the meeting, and we suggest to include the proposed resolution so that the directors come prepared. We strongly recommend following the standards prescribed by ICSI in SS-1 for board meetings.

Step - 2: Convene an Extraordinary General Meeting (EGM) of Shareholders

The next logical step is to seek approval of the shareholders of the company. The decision of shareholders can be taken only in a valid extraordinary general meeting. To convene an EGM, the directors must send notice to every shareholder of the company at least 21 clear days before the date of EGM. The notice of EGM must contain the agenda, draft of the proposed resolution to be passed as a special resolution.

Step - 3: Filing of Special Resolution to Roc in Form -MGT-14

The special resolution means a decision taken by more than 75% voting rights. The special resolution once adopted in the EGM is then filed before the ROC for their approval. The certified copy of the resolution is filed in Form -MGT-14 with the prescribed fee within 30 days of the passing of the resolution. The altered MOA and the copy of the minutes of the meeting of EGM where the special resolution is passed need to be attached to the form.

Step - 4: Filing of application for Increase in Authorised Capital in SH-7

Once the approval of the shareholders is obtained with the passing of the special resolution in the EGM, the authorised director shall file an application in Form SH-7 with the concerned ROC with attachments like the copy of altered MOA & AOA, Special Resolution etc. With the approval of the SH-7, the authorised capital of the company stands increased.

Client Testimonials

What people are saying about our services.

I have done my company Registration and post compliance formalities though this firm and I am very pleased with the services.
Santosh

Really it was good experience, company registration done in 10 days and cost is also efficient less compared to others.
Gaurav Kumar

Wonderful experience and a very professional bunch of people. I extremely happy for their support and timely guidance ..keep the good work rolling!
gulshan anand singh

KDS is really a Smart & Highly Professional Organization. The most important thing is that you don't ever have to remind them of what needs to be done!
Upendra Singh

I have done my company Registration and post compliance formalities though this firm and I am very pleased with the services.
Santosh

Really it was good experience, company registration done in 10 days and cost is also efficient less compared to others.
Gaurav Kumar

Wonderful experience and a very professional bunch of people. I extremely happy for their support and timely guidance ..keep the good work rolling!
gulshan anand singh

KDS is really a Smart & Highly Professional Organization. The most important thing is that you don't ever have to remind them of what needs to be done!
Upendra Singh

Our Articales

Lorem ipsum dolor sit amet consectetur adipiscing elit sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad
minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo.

Nov 25