• We are an ISO certified company

  • Business Service Provider

increase authorized

Increase in Authorised Capital

Get Started Now
RS.2,999 +Taxes* ONWARDS


  •    Increase in Authorized Share Capital
  •    Ideal at the time of expansion

REQUEST A CALL BACK

loading...

Increase in Authorised Capital

The authorised capital of a company concludes the number of shares, a company can issue to its shareholders. It is required for issuing new shares and inducting more capital into the company. The early approved capital of the company is mentioned in the memorandum of the connotation of the company and is usually Rs. 1 Lakh. The approved capital can be increased by the company at any time with shareholders approval and by paying an additional fee to the registrar of companies. To begin the process for increasing approved capital, a resolution must be passed by the "Board of Managers". In the Board Determination, an approval must be provided for increasing the certified capital of the company and making the compulsory changes to the MOA and AOA of the company.

Reasons to Increase in Authorized Capital

Process for Increase in Authorize share Capital

Authorisation in Article is must for Increase

    For an increase in Approve Share Capital, the company has to make sure that its Courses of Connotation cover a provision approving it to increase its approved share capital. The purpose being Division 61 of the Companies Act, 2013, commands that for increasing the Approved Share Capital, approval in Articles of Connotation is a pre-condition.

  • The company has to make sure that its Courses of Connotation contains a provision, approving it to increase its approved share capital.
  • So, first one should check whether there is an allowing provision in the apprenticeships of Connotation regarding the increase in approved share capital.
  • If there is no such facility, then the company has to take steps for amendment of its Articles of Association in harmony with the provision of Section-14 of the Companies Act, 2013, so as to insert the article allowing an increase in the approved share capital of the Company.

Calling of Board Meeting

    Issue notice in accordance with the necessities of section 173(3) of the Companies Act, 2013, for assembling a meeting of the Board of Managers. The main plan for this Board meeting would be:

  • To get in-principal authorization of Managers for increase in approved Share Capital;
  • Fix date, time and place for property extra-ordinary EGM to get authorization of stockholders by way of Commonplace Resolve, for alteration in approved share Capital clause of Memorandum of Connotation. This alteration in authorised share Capital clause of Memorandum of Overtone shall be in accord with the prerequisite of section 61 of the Companies Act, 2013.
  • To agree on notice of EGM, the programme and descriptive speech has to be occupied to the notice of General Meeting as per section 102(1) of the Companies Act, 2013.
EGM

EGM to all Participants, Managers and the Auditors of the company in accordance with the provisions of Section 101 of the Companies Act, 2013

Holding of General Meeting

Hold the Extra-ordinary EGM on the due date and pass the necessary Ordinary Resolution under section 61(1)(a) of the Companies Act, 2013, for an increase in authorized share capital of the Company.

ROC Form filing

File form SH-7 within 30 days of the passing of Commonplace resolve with the concerned Registrar of Companies, with arranged fees and along with the following add-ons as anticipated by section 64:
a. Notice of EGM.
b. Certified True copy of Ordinary Resolution.
c. Reformed Memorandum of Connotation.

Choose The Right Plan For You!

Congratulations! You won an Opportunity to Get the Expert Advice for 100% FREE !

CONTACT US

What Makes Us Different From Others?


   LEGAL WORK

The licenses registered by us are 100% genuine and are issued by Government of India. However, we will provide you with all the validation, bills and receipts of each submission. Feel free to enquire!

   RESPONSIBLE

We take full responsibility for our work and will issue you the licenses within the committed time period. Our team understand your problems and will provide full support in order to do the best for our valuable clients.

  WIN TO WIN SITUATION

Don’t worry about the cost of submissions. We are here to provide you with the best at the best possible price. Need a discount? Contact our Sales team today!

   WORKS ON NATIONAL LEVEL

GSB Taxation works at a National Level. We have a strong and dedicated team which works in all the 29 States of India.

   PROVIDE OVER 75+ SERVICES

Our consultancy provides more than 75 services which help in completing the entrepreneur dream of each individual.

   QUICK SERVICE

We are here to help you! Our strong passionate team and connectivity lead in the completion of the most difficult registrations without any hustle.

Google-Partner

GSB is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.

Google   Certified
ISO-Certified

GSB is ISO 9001:2015 Certified by UK AS, a leading Certification Body recognized worldwide.

UKAS   ISO Certified

Media Partners

times-of-India
The-Hindu
Economic Times
unnat kesari
Magnewz
unnat kesari

OUR OBJECTIVE:

“Legalize your business, it’s what we do.”

We at GSB Taxation believe in high quality and exceptional customer service but most importantly, we believe helping others should be the primary purpose of a good service agency. So, we strive to give the best services at the most affordable prices. We’ve come a long way, so we know exactly which direction to take when supplying you with high quality yet budget-friendly services. Whether it is a Private Limited Company Registration, LLP Registration, One Person Company Registration or an FSSAI License Registration, we got it covered. We know that it’s hard for a person to stand on its own. He/she have to think twice before taking any step. Therefore, GSB Taxation offers all of these and other major services with excellent and friendly support in order to do the best for you. We are here to help you in nourishing your business. Trust our dedicated team get ready to live your dreams with us.

Our Services

chat
chat