Authorized Capital is the wholesome amount of shares a company can issue which may require an increment at any period of time during its run. In that case, new shares must be issued. A board and a general meeting must be commenced, ROC forms filing is required for the allotment of new shares. It’s a nominal yet important process while running a business.
The procedure of Increased Authorized Capital:-
Sujata Associates is one of the leading legal service providers in Kolkata. In the wake of the Covid-19 pandemic, we are still working to provide excellent services to our clients. An increase in authorized capital can be required at any time for a company. We are here to assist you. Get in touch with us today.