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Increase in Authorised Capital

Startup @ Rs. 15000 + Govt fees

Increase In Authorise Share Capital

Share capital is a major source of funding for the companies. There can be various reasons for increase in authorised share capital of the company such as company may requires more funds for diversifying itself and its paid up capital is already at par with its authorised capital. In such situations companies are required to increase its authorised capital before increasing its paid up capital.

Common Questions


Authorised share capital means that maximum amount of money which company can raise through share capital. It is also known as nominal capital.

No, a company can be incorporated without Authorise share capital.

A company can appoint maximum fifteen Directors. However by passing special resolution a company may appoint more than fifteen directors.

No, paid up share capital can be equal or less than the authorised share capital but cannot be more than authorised share capital.

Yes, stamp duty is to be paid on increase in authorised share capital.

Note: Our calculator for Increase in Authorise capital will help you in calculating actual stamp duty on Increased Authorise capital

Why Empressa Legal


Professional Team:

Our team includes Company Secretaries, Chartered Accountants, Cost Accountants, and advocates who gives high quality of work. They are excel in the area of our work. Our teams intent to answer all your questions, doubt before you choose any services, they will explain all the options available to you.

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We value our customer and care about their precious time. Client satisfaction really matters to us. Our team will always be in touch with you, until your assignment get completed. This is partly professional pride, partly personal ethics. Read More...

Documents/Information Required

1. Memorandum of Association (MOA)

2. Articles of association (AOA)

3. List of shareholders

4. Proposed authorised share capital.

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Process

1. Hold Board Meeting

Pass resolution for increase in authorised share capital subject to approval of shareholders.

2. Call EGM/ AGM

Hold general meeting and take approval of shareholders and file the specified form within the prescribed time limit.

3. Preparation of MOA

Preparation of Memorandum of Association of the Company.

4. ROC Filing

File form SH-7 within 30 days of passing shareholder resolution.File form MGT 14 within 30 days, if resolution is passed through special resolution.

Timeline

Once we receive all the required documents, it takes 6-7 working days to Increase in Authorise capital of the company subject to time taken by government in processing the documents.