Increase in Authorized Capital of Company in India

Increase in Authorized Capital of Company in India

As the company grows its size of operation also increases. At a later stage, the company while performing its business operations may need more funds for expansion of its business or, to meet the expenditure requirements that may arise in future. These requirements can be met by increasing the authorized share capital of the company. The authorized share capital is the maximum amount of shares value which a company can allot to its shareholders.

Whenever the company requires fund in business the company can increase its authorized according to its requirements by passing Ordinary or Special Resolution in General Meeting and by following the procedures as mentioned in the Companies Act, 2013 and subject to confirmation by ROC.

Eligibility Criteria for Increase in Authorized Capital of Company in India

If you’re planning to increase the authorized capital of a company, the only eligibility criteria that you have to adhere to is not to go beyond the limit that would change your private limited company into a public limited company. 

Documents Required for Increase in Authorized Capital of Company in India

In regard to the Increase in Authorized Capital of Company, following documents are needed:

• Board resolution for notice of EGM of the Company.
• Notice of EGM with explanatory statement.
• Ordinary Resolution.
• Altered MOA of the Company

Process for Increase in Authorized Capital of Company in India

Following is the procedure to increase the authorized capital of your company

1. Call a General meeting
2. Pass the resolution increase authorized company capital
3. Pass the resolution to increase the capital
4. Pass the general resolution for the same
5. File the online form to enhance the authorized capital of a company. 

Our Assistance to file the Increase in Authorized Capital of Company in India

We, at Registrationwala provide end to end solutions for filing Increase in Authorized Capital of Company. Our services include:

• Collection of information and starting the process
• Drafting the application
• Reviewing the draft and making changes if necessary
• Providing you the confirmation receipt.

Registrationwala.com is a leading legal consultancy firm providing the comprehensive services relating to Increase in Authorized Capital of Company.

Contact us now if you seek to increase the authorized capital of a company.