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INCREASE IN AUTHORISED CAPITAL OF THE COMPANY
Authorized capital is the maximum capital that can be issued by the company. The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. If a company wants to raise more capital then it has to increase the authorized capital.
Prerequisite to increase Authorised Capital
1. You must have a clause for an increase, if not, AOA must be altered first.
2. Shareholders must approve for the same.
Documents required for increase Authorised Capital
1. MOA & AOA of the Company
2. List of Directors
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Instade Knowledge Base (KB)
A collection of Articles, Updates and other informational Podcasts altogether at a single place.