Increase in Authorised Capital

To do this, you need to have the capital clause of the Memorandum of Association amended by passing a special resolution of the board.

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2499(Govt. fees on actuals)

Easy monthly EMI options available

Advantages of a Increase in Authorised Capital

To Existing Promoters
If you are increasing the authorised capital and issuing new shares to existing promoters, a board meeting needs to be called and Form PAS-3 needs to be filed with the Registrar of Companies (RoC), intimating the allotment of shares.

To New Shareholders
Issuing shares to new shareholders is a complicated procedure, necessitating a valuation report from a chartered accountant.

What is Company Registration?

The maximum number of shares a private limited company can issue is decided by its authorised capital. Most start-ups start their journey with the minimum authorised capital of Rs. 1 lakh, but this is too little as the business grows. To issue new shares or raise the capital a company is authorised to raise, the capital clause of the Memorandum of Association needs to be amended by passing a special resolution of the board. If, at this point, you may also need shares to be issued to existing promoters or new shareholders.

Inclusions

Why Big Vakil

1k Businesses Monthly

We complete the secretarial jobworks for over 1000 companies and LLPs every month with a small team, by leveraging our tech capabilities. Come on board and experience convenience.

9.1 Customer Score

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

160 Strong Team

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

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