| Step Name | Short Description | Authority |
|---|---|---|
| Board Resolution | Approving the proposed increase and calling for an EGM to alter the MoA. | Board of Directors |
| EGM Notice | Issuing a 21-day notice (or shorter notice with consent) to members. | Company Secretary |
| Shareholder Approval | Passing an Ordinary Resolution (unless AoA requires a Special Resolution). | Shareholders |
| Payment of Stamp Duty | Calculation and payment of the additional fee based on the increased amount. | MCA V3 (State Govt) |
| Form Name | Trigger/Description | Countdown Deadline |
|---|---|---|
| SH-7 | Notice to Registrar of any alteration of Share Capital (Section 64). | 30 Days from Resolution |
| MGT- 14 | Required only if a Special Resolution was passed to alter the MoA. | 30 Days from Resolution |
| PAS-3 | Separate form filed after the capital is increased to record the actual allotment. | 30 Days from Allotment |
Authorized capital is the maximum limit of shares a company can issue; Paid-up capital is the amount actually issued and paid for by shareholders.
Focus on growing your business while we handle the complexities of statutory compliance. From GST filing to Annual Audits, our automated systems ensure you never miss a deadline.
Discover what our satisfied clients have to say about their experience working with us