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Increase Authorized Capital
Increase Authorised Share Capital
Every business needs more money over time to run the business. The requirement of these funds may be on a long and short-term basis. A short-term requirement can be met by taking loans and advances. But in the race, the company will need more money. For a private limited company, this can be done by increasing the authorized capital of the company. Since the Private Limited Company is governed and regulated under the Companies Act, it is necessary to comply with the Act and Rules to make changes in the structure.
While registering a Private Limited Company, the authorized and paid-up capital is specified in the MoA of the company. Hence the company can issue fresh shares within the limit of authorized capital mentioned in the MoA. The MoA needs to be amended if the company wants to issue shares in excess of the specified limit.
What is authorized capital?
As per section 2(8) of the Companies Act, 2013 “authorized capital” is the capital that is authorized by a memorandum of the company to be the maximum amount of the share capital of the company.
The company can increase its business to the level of authorized capital. If the company has to expand the business by investing more money than before, then the company has to increase the authorized capital by following the steps mentioned in this article.
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How Company is Different?
Diverse Platforms, Systems & Tools Expertise
Company’s IT specialists are adept at both legacy and new-age platforms, systems and tools. We, thereby, comprehend client requirements easily and swiftly devise tools and strategies to mitigate client problems
Huge Technical Proficiency
Company employs IT professionals with specialties across languages and technologies. We are, therefore, in a constant state of readiness to deploy suitable IT experts to specific client needs
Wide Industry Base
We have clients across a wide range of industries and regions around the globe. This has given us the experience and insights into the unique considerations of different organization, thereby building our best practices compendium
Swift Design & Implementation
At Company, our team of IT specialists are quick in requirement assessment, design and implementation. Backed by adequate tests and comprehensive documentation, we offer a safe net to enterprises, shortening the time-to-operate and optimizing the resources
Round-the-clock Support
Our IT specialists are available for round-the-clock support and maintenance services. With Company, you experience no downtime!
Cost-Arbitrage with Cost-Efficiencies
At Company, we follow flexible pricing models that take into consideration client needs and limitations. Our tailor-made pricing enables our clients to effect cost efficiencies with a huge margin. At the same time, our price-points fit in easily with client’s digital transformation budgets
Client Testimonials
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
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I received prompt service and accurate advice from these people. I would really recommend their services to anyone who is looking for genuine advice.
Very responsive and polite. Got my company registration in a week's time as my documentations were ready.
They are Best for Company Registration In Assam, I Just call them they did all the process on just single call, for me they are are best for Private Limited Company Registration In Assam.
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Through our technology solutions, we look forward to building long-term, sustainable partnerships with our clients, becoming their go-to IT troubleshooter. Have specific questions, or want a guided tour of our services? Get in touch with us!
