Details Overview for Increase of Authorized Capital

A Business can only raise capital amount from the public or private up to its authorized share capital. You must increase your company's authorized share capital in order to raise money from the public or private.
Overview of Increase of Paid-up Capital
Paid-up capital is the amount paid by the subscribers to the company against share subscription.
Procedure for the increase of the company’s authorized share capital 
1. Check the company’s AOA. 
2. Call for a Board Meeting for the enhancement of the company’s authorized share capital 
3. Hold Extra-Ordinary General Meeting 
4. File the forms with RoC
 

Procedure for the increase of the company’s authorized share capital

1. Check the company’s AOA and MOA. 
2. Call for a Board Meeting for the enhancement of the company’s Paid up share capital 
3. Hold Extra-Ordinary General Meeting 
4. File the forms with RoC
5. Issue share Certificate
 

Documents Required for increase of Authorized Capital

• Details about share increase
• AOA of Company
• Company details for preparation of share increase
• For paid up capital increase list of new subscribers
• Company Authorized Director’s DSC.