What is the procedure to Increase the Authorized Capital of a Company?

  1. Conduct a Board Meeting and pass a resolution for Increase of Authorized Capital
  2. Conduct an Extra-ordinary General Meeting and pass a Special Resolution
  3. Preparation and filing of form MGT 14 with ROC with in 30 days of passing Special Resolution
  4. Preparation and filing of form SH-7 within 30 days of passing of Special Resolution
  5. After due consideration of filed e-form, the ROC will approve the increase in Authorized Capital subject to completeness of the forms and documents

 Appropriate Government fees is payable depending upon the authorized capital of the company.