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Increase Your Company’s Authorized Capital from India’s Recommended CA Panel

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What is an Authorized Capital for a Company? +
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Why does a Company need to Increase its Authorized Capital? +
Following the incorporation procedure and continuing business operation, a company may need to increase the authorized capital for numerous reasons:
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  • Hiring new Resource / Expertise on the Board
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FAQ

What is an Authorized Capital for a Company?
The capital which is authorized by the memorandum of the company to be the maximum amount of share capital of the company is called the Authorized Capital of the Company. It is required to be mentioned in the company’s MoA.
How can a Company increase its Authorized Capital?
Which Act of the Indian Govt. oversees the Increase in Authorized Capital process?
Can the Company Directors approve the Increase in Authorized Capital decision alone?
How much time does it take to complete the Increase in Authorized Capital process?