INCREASE IN AUTHORIZED CAPITAL

 “authorized capital” or “nominal capital” means such capital as is authorized by the memorandum of a company to be the maximum amount of share capital of the company”

 A Company can issue share to its’ member up to the authorized capital of the company. A company may alter its authorized capital after incorporation of the company at any time and up to what extent the management of the company thinks fit.

The company will have to call EGM and has to pass ordinary resolution regarding this. After that the altered MOA of the company with some other documents shall have to File to the Concerned ROC (eform- SH7).

        We provide assistance in this as a consultant.