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Package inclusions:

  1. Preparation of Documents

  2.  Filing Form SH-7 to MCA

  3. Follow-Up & Approval by Ministry

  4.  Payment if Stamp Duty 

₹ Increase the maximum limit of Capital in your company and increases the opportunities with the help of ComplyKart Experts.

  • Complete solution for starting a Nidhi Company, including incorporation of limited company, issue of shares and obtaining Nidhi status.

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Increase the authorized share capital

A corporation enjoys a variety of benefits over other forms of Business one of which is to raise relatively higher amounts of capital in order to meet expansion and other goals. The total number of shares of a company that can be issued to shareholders is determined by the Authorized Capital. Increasing the Authorized Capital means, increasing the maximum number of shares a company can have as its paid-up capital. There is no minimum requirement for Authorised Capital in the Company at the time of incorporation. However, this can be increased at any time if required by the shareholders.

The Board of Directors will need to pass a Resolution in order to start the process of increasing its Authorized Capital. The resolution will include all the mandatory changes to be mentioned in the AOA and MOA of the company. This comes under the Companies Act 2013. In order to increase the authorized capital, it is necessary to ensure the AOA has a provision allowing to increase the capital. If the AOA doesn’t have a similar clause or provision in it to increase the authorized capital then necessary steps has to be taken to make changes in the AOA Section 14 of the Companies Act 2013.

ComplyKart is the most trusted company with a proven track record and customer satisfaction for all financials & compliances. We have the expert professionals and attorneys having years of excellence which makes their work more accurate. All of our services are rendered by a selective team of professionals who are exclusively having expertise in their respective field.

We are a team of professionals having years of excellence in this domain with a proven track record and customer satisfaction. We take complete care of your business and help you in processing all legal procedures required. Please contact us for further information.

Procedure of Increase in Authorized Capital

  • 1

    A Board Resolution is pass to increase in Authorized Capital. In this meeting the date of Extraordinary General Meeting is also announced.

  • 2

    An Extra-Ordinary Meeting is convened and Special Resolution of Shareholder is passed to increase the Authorized Capital.

  • 3

    Memorandum of Association is revised after getting approval from the shareholders. This revision is intended to reflect the effect of suggested change on relevant clause of MOA.

  • 4

    Article of association generally does not require any revision but if a clause is missing from it then it needs to be added at the time of change in authorized capital

  • 5

    Apply for approval from MCA by filing form SH-7 along with the copies of Resolutions and amended MOA & AOA

Documents required

Documents are

  • Copy of Board Resolution
  • Copy of Special Resolution
  • Amended copy of MOA
  • Amended copy of AOA

Frequently asked Questions

How is the share capital of the company increased?

The share capital of the company is increased through the special resolution.

Compare your Options

Comparison of Popular Company Registration Options

All Features

Price

  • Recommended for
  • Venture Capital Funding
  • Limited Liability Protection
  • Dividend Tax
  • Deposits from public
  • Share Listing in Stock Exchange
  • Credibility

Public Limited

₹37899

  • Growth Stage and also for early stage with broad business vision
  • 10/10

Private Limited

₹12999

  • Early-stage entrepreneurs with broad business vision
  • 7/10

Limited Liability Partnership

₹7999

  • Professional service firms
  • 5/10

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