Increasing authorised capital

yes as per law

Pvt Ltd has limited liability

but it can be possible when one left or die but whom nomini or high share holder gonna be main person got authority to change decision or make

procedure for increasing auth capital is:
1. Hold BM and pass resolution for increase in auth capt subject to approval of shareholders and amendment of MOA;
2. Calling for EGM;
3. issue EgM notice with explanatory statement;
4. Pass ordinary resolution for increase in auth capital and amendment of MoA;
5. Filing of eform SH-7 for increase

Appointment of director:
1. Pass a board resolution in the same board meeting and appoint him as an additional director and file eform DIR-12
2.you may regularise him in the EGM and file another DIR-12

for allotment of shares please refer section 62/42 and 39 of Companies Act

Increase in authorised capital will require passing of Board Resolution and Ordinary Resolution at General Meeting of members. The change shall be intimated to the RoC in form SH – 7 and MGT – 14.

 

To appoint the new director, separate resolutions in Board and General Meeting will be passed and intimated in form DIR – 12.

The allotment of increased shares to the directors should be made through right issue of capital or by following the procedure of further issue of capital.

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