Change In Authorized Capital

The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. Our professional can help you with respect to the filing and issuing of share with respect to the increase in authorized share capital of the Company.

In relation to a company, it is the amount mentioned in the capital clause of the Memorandum of Association of the company. Upto this amount the company can raise capital. If the company wants more capital then the capital clause has to be amended by the members by passing a special resolution at a shareholders meeting and subsequently passed in Board Meeting. Thereafter relevant forms are Filed with ROC/ MCA, asking for the approval thereof. Once the relevant Govt. Fee is paid and the Form is approved by ROC, this company can then raise more amounts through issue of shares.