Share capital

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Arpan Jain

Arpan Jain (Querist)
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25 November 2014 Please guide the procedure for increase of authorized share capital of private limited companies

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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25 November 2014 PROCEDURE
1. Check is there any provision in AOA regarding increase in capital. If there is no provision in AOA then first Alter AOA.
2. Hold a Board Meeting
- To get approval of Directors for Increase in Capital
– Call EGM
3. Hold a EGM
– Pass Ordinary Resolution for increase in authorize capital

4. File form SH-7 with roc within 30 days of passing of Ordinary Resolution

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