how to increase in authorised capital of company in india
TRANSCRIPT
INCREASE IN AUTHORISED CAPITAL
By: Aapka Consultant
AN ISO 9001:2015 CERTIFIED COMPANY
MEANING OF AUTHORIZED CAPITAL
The authorized capital is the maximum amount of capital which a Company can raise through issue of shares to its shareholders. Authorized share capital is mentioned in the Memorandum of Association of the company. Up to this amount the company can raise capital.But a company may during its course of business operation require additional capital for expansion, meet working capital requirements etc. An increase in authorized capital is being required for issuing new shares and inducting more capital into the Company.This process is complicated and takes a significant time as it requires, permissions of the Registrar of Companies (ROC) and other filling requirements.
Increase in Authorized C
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