The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. One of the main sources of capital for a company is through the issue of shares. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. Our Authorized Capital Increase service covers the following:

1) Documentation for increase of capital
2) Vetting of documents by certified professionals
3) Filing of documents

The initial authorized capital of the Company is mentioned in the Memorandum of Association of the Company. The authorized capital can be increased by the company at anytime with shareholders approval and by paying additional fee to the Registrar of Companies. A company can increase its authorized capital by following the prescribed procedures under company laws:

A) Pass resolution in Board of Directors meeting for increase in Authorized Capital of the Company
B) Authorize the board to file necessary forms and resolutions with ROC having jurisdiction
C) Authorize the board to file necessary forms and resolutions with ROC having jurisdiction
D) Filing the e- form with Roc by paying the requisite fee
E) Alter the Memorandum of association (MoA) and Articles of Association (AoA)