Increase Authorized Capital
Accura Tax Solutions offers expert support to help you increase your company’s authorized capital efficiently and compliantly. We handle the entire process, from preparing the necessary documents to filing with the Registrar of Companies (ROC), ensuring adherence to the Companies Act, 2013. Our team provides clear guidance, timely processing, and transparent pricing, so you can focus on growing your business without any legal hurdles. We also offer post-filing assistance to keep your company compliant and updated. Trust Accura Tax Solutions for hassle-free authorized capital increase services.
Increase Authorized Capital
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Verify Articles of Association (AOA) Before Increasing Authorized Capital
Before initiating the process to increase a company’s authorized share capital, it is crucial to review the Articles of Association (AOA) to ensure it contains provisions permitting such an increase. If the AOA does not include relevant clauses, the company must first amend the AOA accordingly.
Note: Most Articles of Association typically have provisions allowing an increase in authorized share capital.
Convene a Board Meeting
To proceed with increasing authorized capital:
Notify Directors and Organize a Board Meeting
Inform all directors and convene a Board Meeting to discuss and approve the proposal to increase the authorized share capital.Obtain Board Approval
Secure the consent of the Board of Directors for the increase.Schedule an Extra-Ordinary General Meeting (EGM)
Fix the date, time, and venue for the EGM to seek shareholder approval for:The increase in authorized share capital
Amendments to the Memorandum of Association (MOA) as necessary
Issue Notice of EGM
The Company Secretary, present at the meeting, should receive the Board’s approval to issue the EGM notice.
Distribute the notice to all shareholders, directors, and the company auditor as per legal requirements.
This structured approach ensures compliance with company law and smooth approval for increasing authorized capital.
Extra-Ordinary General Meeting (EGM)
At the specified date, time, and venue mentioned in the Notice of the Extra-Ordinary General Meeting, convene the meeting to obtain shareholder approval for increasing the authorized capital. The shareholders must pass an ordinary resolution consenting to the increase.
Filing ROC Forms
After the ordinary resolution is approved at the EGM, the company must file Form SH-7 with the Registrar of Companies (ROC) within 30 days of passing the resolution. Along with Form SH-7, the company needs to:
Pay the applicable government fees based on the increased authorized capital
Attach the following documents:
Notice of the EGM
Certified true copy of the ordinary resolution
Amended Memorandum of Association (MOA) reflecting the higher authorized capital
Upon verifying compliance with the Companies Act and Rules, the Registrar will approve the filing. The increased authorized capital will then be updated and reflected on the MCA (Ministry of Corporate Affairs) portal.
Allotment of Shares
Once the authorized capital is increased, the company can issue new equity shares to raise its paid-up share capital accordingly.
Why choose us?
Expert guidance on legal and procedural compliance
Complete handling of documentation and ROC filings
Timely processing to avoid business delays
Transparent pricing with no hidden charges
Customized solutions tailored to your company’s needs
Dedicated support from start to finish
Proven track record of successful authorized capital increases
Post-filing assistance to ensure continued compliance
