Magus can help you with Increase in Authorized Capital of your company in a hassle-free manner within a reasonable time span and competitive Professional fees. To know more please book a telephonic appointment with one of our consultants for free.
The process of Increase of Authorized Capital takes around 2 weeks, subject to submission of correct information and complete documentation.
Active Digital signature Certificate of the authorized director Amended Memorandum of Association of the company Original Certificate of Incorporation of the company
Conduct a Board Meeting and pass a resolution for Increase of Authorized Capital Conduct an Extra-ordinary General Meeting and pass a Special Resolution Preparation and filing of form MGT 14 with ROC with in 30 days of passing Special Resolution Preparation and filing of form SH-7 within 30 days of passing of Special Resolution 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.
A Company may need to enhance its authorized capital for one or more of the following reasons: Infusion of additional capital(either through existing shareholders or through other investors) Enhancement of borrowing capacity/ limits; etc.