Increase in authorized capital of company |

SILVER

5000 /-(Including all paper work but excluding govt fees)

Increase in authorized share capital

GOLD

3000 /(Including all paper work but excluding govt fees)

Increase in paid up share capital

PLATINUM

7000/-(Including all paper work but excluding govt fees)

Increase in authorized share capital
Increase in paid up capital bottom of form

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 in Indore and by following the procedures as mentioned in the Companies Act, 2013 and subject to confirmation by ROC.

Documents Required for Authorized Share Capital Increase

1. Board Meeting for Increase in Authorized Share Capital.

2. Board Resolution for Increase in Authorized Share Capital.

3. Notice of EGM for Increase in Authorized Share Capital.

4. Certified True copy of Ordinary Resolution.

5. Altered Memorandum of Association.

Process Involved

Step 1

Hold Board Meeting

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

Step 2

Call EGM/ AGM

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

Step 3

Preparation of MOA

Preparation of Memorandum of Association of the Company.

Step 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.

HOW TO CHANGE AUTHORISED SHARE CAPITAL OF THE COMPANY AS PER COMPANIES ACT, 2013?

A company can increase its authorized capital by filing Form SH-7 within 30 days from the date of passing the resolution i.e. from the date of alteration. Similarly, subscribed capital and paid up capital of the company gets increased on filing and approval of Form PAS-3 (Return of allotment of shares) within 30 days from the date of allotment.

WHAT ARE THE INFORMATION & DOCUMENTS REQUIRED FOR CHANGE OF AUTHORISED SHARE CAPITAL OF THE COMPANY.?

Following information and documents are required to increase authorised share capital of the Company:- Documents Required Board resolution for notice of EGM of the Company. Notice of EGM with explanatory statement. Ordinary Resolution. Altered MOA of the Company.

WHICH FORMS ARE REQUIRED TO FILE IN THE ROC FOR CHANGE OF AUTHORISED SHARE CAPITAL OF THE COMPANY?

Form SH-7 and Mgt-14 is required to file.

HOW MUCH TIME IT WILL TAKE FOR FILING FORM FOR CHANGE OF AUTHORISED SHARE CAPITAL OF THE COMPANY?

We file form within 3-4 days after completion of document from the client for change of authorised share capital of the company. MCA Approval will take around 7-10 working days.