Follow Us :

PROCEDURE FOR INCREASE IN AUTHORISED SHARE CAPITAL OF A COMPANY

INCREASE OF AUTHORISED SHARE CAPITAL PROCEDURE

  • Check the articles of Association of the Company to see whether necessary authority/ powers is there to increase the authorized share capital of the Company.
  • Issue the Board Meeting notice and convene the Board Meeting to decide about the increase and to fix up to date, time, place and agenda for convening a General Meeting for passing of an Ordinary Resolution, by the Articles for the same.
  • Issue Notice of EGM alongwith Explanatory Statement 21 days before the date of the meeting.
  • Hold the General meeting and pass necessary resolution with required majority.

Filing of Form

  1. Form SH-7 is required to be filed for Increase in Authorised Share Capital

Attachments of Form SH-7

  • Board Resolution passed by the Company.
  • Notice of EGM Explanatory Statement
  • Resolution passed in the Extra Ordinary General Meeting,
  • Altered Copy of MOA.

Note: Clause No 5th is required to be altered in the Memorandum of Association.

Content is merely for sharing knowledge. For any queries, Author can be reached at kinnarimakwana11@gmail.com or 9773763430

Author Bio

She has more more then 6 years of experience working in same Industry. Has written various Article on Company Law. And does provide all the Secretarial / Compliance Service under one Proof. View Full Profile

My Published Posts

FAQs on Incorporation of Company via SPICe+ Incorporation / Steps / Procedure / Formation of Company via Spice+Part B Procedure for change of Limited Liability Partnership (LLP) Name Form INC-22A Active – Procedure / Steps / Applicability Change in Registered Office Address within Local Limits Change of Registered Office Address within local limits of City, town or village View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

One Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031