LEGAL SAHEB BUSINESS SOLUTIONS PVT. LTD.
Increase In Authorized Share Capital
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Increase in Authorized Share Capital:
- The share capital of a company can be divided into two parts viz.: authorized share capital and paid-up share capital. A company cannot issue shares more than its authorized share capital. A company can on increase its authorized share capital at any time after complying with all necessary requirements and documentation.
Convening a meeting of the Board Of Directors:
- A board meeting of the company is to be called to amend the memorandum and articles of association of the company to increase its authorized share capital and also for calling an extra ordinary general meeting of the company.
Convening Extra-Ordinary General Meeting:
- An ordinary resolution is to be passed in the extra-ordinary general meeting for increasing the authorized share capital of the company and subsequent changes in the memorandum of association of the company.
Intimation to ROC:
- A board meeting of the company is to be called to amend the memorandum and articles of association of the company for increasing its authorized share capital and also for calling an extra ordinary general meetings of the company.
Application to ROC:
- After the extra-ordinary general meeting of the company is concluded, intimation is to be filed with ROC for a name change.
Amendments to the MOA:
- An ordinary resolution is to be passed in the extra-ordinary general meeting for increasing the authorized share capital of the company and subsequent changes in the memorandum of association of the company.
- We will complete all the documentation and procedures for increasing the authorized share capital of your company. You can fill up the form or directly send us a WhatsApp message for more information.