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CHANGE IN AUTHORIZED SHARE CAPITAL

CHANGE IN AUTHORIZED SHARE CAPITAL 

 

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WHAT IS CHANGE IN AUTHORIZED SHARE CAPITAL

The authorized capital is the maximum amount of shares that Company can issue. A Company is not authorized to issue capital beyond its authorized share capital. The Company is required to increase its authorized share capital because the Company wants to issue new shares or there is further requirement of new capital in the Company. For increase in authorized share capital the Capital Clause in the Memorandum of Association needs to be altered with the approval of shareholders in the meeting.

You can take help of COMPLIANCESBIZ for proper professional guidance and drafting. 

WHAT IS INCLUDED IN OUR CHANGE IN AUTHORIZED SHARE CAPITAL PACKAGE

1 ) Free Consultation
2 ) Documents Preparation
3 ) Filing with MCA

PROCEDURE FOR CHANGE IN AUTHORIZED SHARE CAPITAL

1

Submit the Detail

2

Compliance Biz team will Call you

3

Compliance Biz will suggest for all the documentation under the Company Act

4

All the Compliance document Mail to you

5

Compliance Biz will file your Form at ROC

FREQUENTLY ASKED QUESTIONS

Memorandum of Association (MOA) is a legal document and constitution of the Company. It contains the fundamental conditions upon which the company is allowed to operate. The MOA contains the main, ancillary and other objects, it reflects the state in which the registered office of the proposed company to be situated, contains whether company is limited by shares or guarantee and amount of the authorized share capital. 

Special resolution means when vote cast in favour of the special resolution shall not be less than 3 times the number of votes against the resolution. 

The minimum authorized capital is Ra. 1 Lakh. 

There is no limit to maximum share capital. 

The authorized capital is the maximum amount of shares the Company can issue.  The paid up capital is the amount of the shares the company can issue to its shareholders for which the payment shall be done by the shareholder. The paid up capital is always less than or equivalent to authorized share capital as a company cannot issue shares above the authorized capital.

MOA, AOA, documents for board meeting and extra ordinary general meeting. 

E-form SH-7 and MGT-14.