Earendil | Increase In Authorized Share Capital

increase in the authorized share capital

  • The authorized capital is the amount mentioned in the MOA of the company.
  • Number of shares a company can issue to its shareholders depends on the authorized capital amount.
  • The company can raise fund only the amount mentioned in a capital clause.
  • For a company to raise more capital than the amount mentioned in the MOA the capital clause has to be amended by the members.
  • Special Resolution must be passed in a general meeting.
  • The same procedure must be done for issuing new shares or infusing more capital into the company.

why register with earendil

  • Our Chartered Accountant will guide you through the process. He/she will be your single point of contact for registration assistance and for all other services that we offer.
  • Our motto is “You only do what you do best; to us, leave the rest”. We assure that once we start our relationship, you wouldn’t have to think about the areas which we handle.
  • We take care all the documentation and follow up with the Ministry of Corporate Affairs to ensure that the increase in authorized share capital is registered with Registrar of Companies at the earliest.
  • Not just Start Your Business, but also Run Your Business. With us, your first month of compliances such as TDS, GST and processes such as payroll and accounting are free to ease you into your business.
  • We will also assist you with setting up and documenting Standard Operating Procedures (SOPs) for your business.