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.
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OVERVIEW
What is Authorised Share Capital?
Under Section 2(8) of the Companies Act, 2013, Authorised Share Capital refers to the maximum share capital a company is permitted to raise as specified in its Memorandum of Association. Simply put, authorised share capital is the highest amount a company can secure as share capital.
For businesses seeking expansion, increasing authorised share capital is often essential to infuse additional funds. If you're looking to grow your business, JustStart offers quick and effective solutions to guide you through the process of increasing your authorised share capital seamlessly.
Reasons
Reasons for Increasing Authorised Share Capital
Expanding a business often requires strategic steps, and one of these is increasing the Authorised Share Capital.
Here are key reasons why companies choose to raise their authorised capital:
✔ Financing New Projects
To expand or launch new projects, companies often need additional funds. Increasing the authorised share capital allows companies to raise the necessary funds to support growth initiatives.
✔ Meeting Fund Requirements
If your business requires substantial funding for expansion, operations, or other objectives, increasing authorised share capital can help secure the necessary capital.
✔ Issuing Additional Share Capital
In certain cases, a company may need to reflect increased share capital on its balance sheet for organizational needs. Raising the authorised share capital enables the issuance of additional shares as required.
✔ Complying with Legal Requirements
Sometimes, legal or regulatory obligations require companies to increase their authorised share capital to remain compliant with applicable laws and standards.
Each of these reasons underscores the importance of authorised capital in supporting a company’s growth, financial health, and legal compliance.
Required Documents
Documents Required for Increasing Authorised Share Capital
To increase your company’s Authorised Share Capital smoothly, ensure you have the following documents ready.
✅ Company PAN Card: A copy of the company’s PAN card.
✅ Certificate of Incorporation: A copy of the company’s Certificate of Incorporation.
✅ Articles of Association (AoA): The latest version of the company’s AoA.
✅ Memorandum of Association (MoA): The latest version of the company’s MoA.
✅ Digital Signature Certificate (DSC): A digital signature from any director of the company.
Having these documents prepared will streamline the process, allowing for a quick and hassle-free increase in authorised share capital.
Process
Increase Authorised Share Capital in India with JustStart’s Quick Process
Easily increase your company’s Authorised Share Capital with JustStart’s efficient and hassle-free process. Our team of experienced legal consultants ensures your business remains compliant with all necessary legal formalities.
Here’s how JustStart can help increase your company’s authorised share capital:
Board Resolution
Our experts assist in drafting and passing a Board Resolution to approve the increase in authorised share capital.
Ordinary Resolution for Capital Increase
We help prepare and pass an Ordinary Resolution to authorize the capital increase.
Submission of Required Documents
JustStart handles the submission of all required documents, ensuring accuracy and compliance.
ROC Approval
We manage the process with the Registrar of Companies (ROC) to obtain formal approval for the capital increase.
Why Choose JustStart?
Why Choose JustStart for Increasing Authorised Share Capital?
At JustStart, we provide effective legal solutions to ensure your business functions smoothly and grows successfully. Our team of experienced legal consultants specializes in increasing your Authorised Share Capital, helping you meet regulatory requirements and achieve business expansion goals. Whether you need company registration, compliance management, or capital infusion, JustStart’s experts have you covered.
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✅ Expertise in Legal Compliance
With years of experience, JustStart’s legal team has a deep understanding of the complexities involved in increasing Authorised Share Capital in India. We provide expert guidance through every step of the process, ensuring full compliance with the Companies Act, 2013, and the regulations of the Registrar of Companies (ROC).
✅ Quick and Hassle-Free Process
We simplify the process of increasing Authorised Share Capital, making it quick and hassle-free. Our streamlined process includes everything from drafting resolutions to filing with the ROC, ensuring that you get the necessary approvals efficiently.
✅ Comprehensive Service Offering
Beyond increasing Authorised Share Capital, JustStart provides a range of services to support your business growth, including private limited company registration, LLP registration, compliance management, and more. We are a one-stop solution for all your corporate legal needs.
✅ Transparency and Client Communication
At JustStart, we believe in maintaining clear communication with our clients. You will always be kept informed about the progress of your Authorised Share Capital increase, with full transparency in the process and pricing.
✅ Customer Satisfaction
Our clients’ satisfaction is at the heart of everything we do. We are committed to helping you achieve your organizational goals through efficient legal solutions. Our focus on customer service ensures that you receive the best possible experience while increasing your company’s Authorised Share Capital.
✅ Cost-Effective Solutions
We understand the importance of cost-efficiency, which is why we provide affordable pricing for all our legal services. With JustStart, you can increase your Authorised Share Capital without breaking the bank.
Choose JustStart for a seamless, compliant, and efficient process to increase your Authorised Share Capital and take your business to the next level!
Locations
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FAQs
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.
Authorized share capital is mentioned in Clause V of the Memorandum of Association (MOA).
