Increase Authorised Share Capital - Online Process
Every business requires a strong team to move things around and keep the business running without any interruption. But to run a business smoothly, you would need a significant amount of funds. If you wish to run your business smoothly by increasing your company’s Authorised Share Capital, let JustStart’s expert legal consultants assist you. JustStart offers you credible assistance in increasing your company’s Authorised Share Capital in no time.
- Hassle-Free Process
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- Experienced Legal Experts
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OVERVIEW
What is Authorised Share Capital?
According to the section 2 (8) of the Companies Act, 2013, the Authorised Share Capital is the capital that is allowed by the memorandum of the company to be the maximum value of the share capital of the company. In simple terms, the Authorised Share Capital of a business is the maximum amount of funds that shall be considered to be the share capital of the company.
If a company needs to expand its business to elevate its growth, it is required to get its authorised share capital increased first to infuse more funds than ever into the business. If you are looking to grow your business, JustStart’s experts will help you through their quick and effective solutions.
REASONS
Reasons for Increasing Authorised Share Capital?
Running a business and making it successful are two different things. If you are looking to make your business successful, you must be willing to take big steps and risks. Increasing your company’s Authorised Share Capital is one such crucial step that business owners take. Here are a few reasons for a company to increase its Authorised Capital:
Financing New Projects
If you wish to expand your business or finance a new project led by your company, you will be required to increase your company’s Authorised Share Capital to finance it.
Need for Funds
If your business is in need of funds for expansion or any other objective, you will be requiring a great amount of funds.
Additional Share Capital Issuance
If your company is in need of reflecting additional Share Capital in its balance sheet for organizational reasons, you will be required to increase the Share Capital.
To Fulfill The Legal Requirements
If there are any legal requirements that your company is bound to fulfill, you will be required to increase the Authorised Share Capital of your company.
Documents Required for Increasing The Authorised Share Capital
If you are planning to get your company’s Authorised Share Capital increased, here is the list of documents that are required to do it hassle-free.
- Company’s PAN Card: A copy of your company’s PAN card.
- Certificate Of Incorporation: A copy of your company’s Certificate of Incorporation.
- Articles Of Association: A copy of your company’s latest version of AoA.
- Memorandum Of Association: A copy of your company’s latest version of MoA.
- Digital Signature Certificate: A Digital Signature of any Director of your company.
Increase Authorised Share Capital in India Through JustStart’s Quick Process
Get your company’s Authorised Share Capital increased through JustStart’s hassle-free and quick process. Our team of experienced and adept legal consultants can help you run your business smoothly while following all the requisite legal formalities. Let JustStart’s team of legal experts help you increase your business’s Authorised Share Capital through our effective process:
- Board Resolution
- Ordinary Resolution for An Increase In Authorized Capital
- Submitting The Required Paperwork
- The ROC Approval
Why JustStart for Increasing Authorised Share Capital
JustStart offers you effective legal solutions to help your business function smoothly. Our team of adept legal consultants strive to enhance your business by increasing the Authorised Share Capital of the Company. Since our formation, we have contributed to the growth of many businesses through our legal expertise. Whether it is Company registration or increasing the authorised share capital, JustStart’s experts can do it all.
Expertise
Through our legal expertise we have helped many businesses grow consistently. JustStart offers a dynamic array of legal solutions to help your company function smoothly. Our expert legal consultants can quickly help you increase your business’s Authorised Share Capital.
Customer Satisfaction
We strive to help you achieve your organizational goals effectively through our legal expertise. Our solutions focus on giving you the utmost client satisfaction by elevating your business extensively.
FAQ
LET'S CLEAR ALL THE DOUBTS!
To increase the Authorised Share Capital of your company, you will be required to fill Form MGT 14 and SH 7 within 30 days of passing the resolution for increasing the share capital of your company.
If you are looking to expand your business, you will be required to increase the Share capital of your company to infuse a heavy amount of funds into its expansion.
There is no minimum and maximum share capital prescribed under the law.
Yes it is absolutely necessary to have a board meeting before increasing the authorised share capital.
Authorised share capital is mentioned in the Clause V of the MOA.
