Increase in Authorised Capital


Price : 15,000.00

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All the businesses need funds to carry out the business activities. It can be a short term or long-term requirement. A short-term need will have options like taking loans from financial institution or banks & advances from customers. But a long-term need will require bringing in more capital, and one of the ways which available to company is to issue shares but in case the company is intending to issue share beyond its authorised share capital then it requires increasing the authorised share capital of the company. Or in other word company may need to increase the authorized share capital before it is issuing new equity shares and increasing the paid-up capital. As authorized share capital is the total value of the shares a company can issue. The paid-up capital is the total value of the shares of the company that have been issued.

 

In simple word authorised capital is the maximum amount of capital for which the Company can issue shares to the shareholders but it cannot issue shares exceeding the authorised capital limit in any case. Company at any time may Increase or Decrease the Share Capital of the Company with the approval of the members. The mode of Increasing the Share Capital of the Company can be either through issuing the shares to the existing shareholders of the company or either to the other persons whether it is a Public Limited Company or Private Limited Company. But the Private Limited Company carries the restriction to issue shares to the General Public as the Private Limited Company cannot issue shares to more than 200 People.

PAN Card

Self attested PAN Card issued by I.T. Department

Aadhar Card

Self attested Aadhar Card issued by UIDAI

Id Proof

Self attested id proof (Voter ID/DL/Passport)

Address Proof

One month Bank statement/ telephone bill

Photographs

A latest passport-size colour photographs

Utility Bill

Latest electricity bill with NOC/ Rent Agreement

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Documents required

PAN Card

Self attested PAN Card issued by I.T. Department

Aadhar Card

Self attested Aadhar Card issued by UIDAI

Id Proof

Self attested id proof (Voter ID/DL/Passport)

Address Proof

One month Bank statement/ telephone bill

Photographs

A latest passport-size colour photographs

Utility Bill

Latest electricity bill with NOC/ Rent Agreement

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