Increase in authorized capital services BSA & Company provides comprehensive services to clients in India and abroad, ranging from incorporation to compliance and consultancy. Moreover, it is easy, affordable and speedy to increase share capital with them. BSA & Company firm additionally assists entrepreneurs with private and public limited company registration, LLP registration, HUF, One Person Company and other associated compliances. Increase in authorized capital services In regards to a company, the Authorized Capital is defined by the capital clause of the Memorandum of Association of the company.
This authorized capital the total number of shares a company can issue to shareholders. Companies can raise capital up to the amount specified in the clause. If more capital is needed, the members must pass a special resolution at a general meeting to modify the capital clause. An increase of authorized capital may be necessary for issuing new shares and/or infusing more capital into the company.