Increase in Authorized Capital Registration
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Increase in Authorized Capital Registration Online
One Person Companies are those that have only one person listed as the incorporator. You should start considering a name for your One Person Company if you plan to incorporate it. A distinctive name, like Just Start or XYZ Technology private limited, introduces your business to customers. A distinctive name reflects your line of business. Your business must have a distinct name that is distinct from other current businesses.
When your name is registered under the 2013 Companies Act, it will be legally binding. If you’re considering registering your company name or incorporating your business, you must follow by the Companies Act of 2013’s naming guidelines.
Features of a Increase in Authorized Capital
- Authorized capital is the limit to which the companies can raise shares to the shareholders and not beyond it.
- It is the amount of the capitalfor which shares can be issued by the Company to the shareholders.
- An increase in the authorized capital might as well be required for issuing new shares and/or infusing more capital into the Company.
- The Authorized capital is mentioned in the MOA of the company under the heading of the capital clause.
How To Register a Increase in Authorized Capital?
Step 1: Fill up the query sheet available on our website
Step 2: Receive call from our Expert
Step 3: Preparation of all necessary documents
Step 4: Our team will prepare necessary form
Step 5: Form will be uploaded on MCA
Step 6: All the paid receipts and acknowledgments will be send to you on your email associated with us
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Our work strategies: From paper planning to idea execution, we actively achieve benchmark guidelines to ensure each step of the plan is not just carefully laid but successfully converted into reality.
Our ideology is our soul: JustStart is a platform for those who have the willpower to dream and the drive to achieve. We promise you our commitment, trust, and expertise to generate a hassle-free experience.
Meet Deadlines: Time is of the essence. Every single day lost is an opportunity lost. Therefore, we take precautionary measures to ensure your business meets all the deadlines you have set.
Guaranteed Satisfaction: We know quality has no replacement. Thus, we systemise each level of our work to minimise the chances of mistakes before each project passes through our client’s hands.
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What is the meaning of Authorized share capital?
It is the maximum amount of the capital for which shares can be issued by the Company to shareholders
What are the Different Types of Share Capital?
- Authorized share capital
- Issued Share Capital
- Subscribed Capital
- Called-Up Capital
- Paid-Up Capital
Can co issue shares more than its share capital?
The company cannot issue shares more than its authorized capital
But if the company wants to raise the authorized capital, it will have to alter its Article of Association
How can Authorized share capital be increased?
Company can increase its authorized share capital if it is authorized by its Articles of Association and after obtaining approval of members by ordinary resolution.
What is the fee for increase in Authorized share capital?
The fees will depend upon the category of the company i.e. if it is an OPC or Small Co and the difference between the existing paid up capital of the company and revised capital. Compliance executive from startupstartkaro will apprise you about the exact roc fees as per your revised authorized capital need.
How much time does it take to get the share capital of a company increased by filing online?
With the relevant documentation, the process for increasing the share capital of a company can be completed within 4-5 days. However If there is any complication or delay in submission of the documents, the time duration may vary.
Our experts Professional try to do within given timeline.
In which Clause of Memorandum of Association of a company limited by shares, Authorized Share Capital is mentioned?
The authorized Share Capital of the Company is mentioned in Clause V of Memorandum of Association
Which Forms are required to be filed for increasing Authorized Share Capital by company?
Form MGT-14 and SH-7 are required to be filed with ROC within 30 days from the date of passing of Resolution for increasing authorized share capital.
Can Authorized share capital be reduced?
Yes Authorized share capital can be reduced, this is known as Diminution.
Diminution of capital (i.e. share capital) of a Company means reduction of the share capital by cancellation of the unsubscribed part of the issued capital.
Register Your Increase in Authorized Capital
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