Authorized capital refers to the capital which is authorized by the memorandum of a company to be the maximum amount of share capital of the company. It means that the business can be expanded up to the level of authorized capital. The authorized share capital can only be increased if authorized by its articles by altering memorandum in its general meeting.
Required documentsHow we process
Details and breakup of increase in capital
Ordinary resolution for increase in authorized capital
Alteration of MOA
DSC token of Director for filing of forms
Board Resolution
Ordinary Resolution for increase in authorized capital
Filing of necessary forms – For MGT-14 for filing of resolutions, Form SH-7 along with necessary documents