Increase Authorized Capital Service

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Pan India
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Service Type
Increase Authorized Capital

Authorized & Paid Up Capital of a Company
Authorized capital is mentioned in the Memorandum of Association (MOA) of the company. This sets a limit on the capacity of the company to raise its equity capital. The government fee of company registration also depends on the authorized capital of the company.
The promoters then subscribe to the capital of the company by signing on the last page of the MOA, which is known as “Subscribed Capital. It is a promise undertaken by the shareholders to pay the capital of the company. The subscribed capital can be lesser than the authorized capital. The subscribed capital became paid-up capital when the company received the amount of money from the shareholder. As per new provisions of the companies act 2013, a newly incorporated company cannot commence its business operations unless the subscribed amount is received from all the subscribers of the MOA. After the receipt of the subscription money, the company has to file Form INC-20A to the ROC.
The paid-up capital can never be more than the amount of authorized capital, as mentioned in the capital clause of the MOA. To increase the Authorised capital, you need to follow the AOA of the company and obtain approval of the ROC while making any changes in it's capital.

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Taxmate Corporate Solutions Private Limited

Anantapur, Andhra Pradesh
GST- 37AAGCT6475K2ZN
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Product Specification

Service LocationPan India
Service ModeOnline
Payment ModeOnline and Offline
Service TypeIncrease Authorized Capital

Product Description

Authorized & Paid Up Capital of a Company


 Authorized capital is mentioned in the Memorandum of Association (MOA) of the company. This sets a limit on the capacity of the company to raise its equity capital. The government fee of company registration also depends on the authorized capital of the company.

The promoters then subscribe to the capital of the company by signing on the last page of the MOA, which is known as “Subscribed Capital”. It is a promise undertaken by the shareholders to pay the capital of the company. The subscribed capital can be lesser than the authorized capital. The subscribed capital became paid-up capital when the company received the amount of money from the shareholder. As per new provisions of the companies act 2013, a newly incorporated company cannot commence its business operations unless the subscribed amount is received from all the subscribers of the MOA. After the receipt of the subscription money, the company has to file Form INC-20A to the ROC.

The paid-up capital can never be more than the amount of authorized capital, as mentioned in the capital clause of the MOA. To increase the Authorised capital, you need to follow the AOA of the company and obtain approval of the ROC while making any changes in it's capital.

 

Process to Increase Authorised Capital of the Company


 

  • Obtain Board of Directors Approval for Increase of Capital of Company
  • Convene an Extraordinary General Meeting (EGM) of Shareholders
  • Filing of Special Resolution to Roc in Form -MGT-14
  • Filing of application for Increase in Authorised Capital in SH-7

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Increase Authorized Capital Service
Increase Authorized Capital Service
Increase Authorized Capital Service

About the Company

Year of Establishment2017
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Nature of BusinessService Provider
Number of EmployeesUpto 10 People
Annual TurnoverRs. 50 Lakh - 1 Crore
IndiaMART Member SinceJun 2018
GST37AAGCT6475K2ZN
Taxmate Corporate Solutions Private Limited is a reliable Service Provider that is involved in providing Govt Registration Services, Income Tax Services, GST Services, etc. We are a well known Proprietor firm which is incorporated in the year 2017 and providing reliable and well managed services across the nation and in a timely manner.We are a technology-driven platform organising the professional services industry in India. Our services cover all the legal needs of businesses, such as incorporation, government registrations & filings, accounting, documentation and annual compliances. We also offer a wide range of services to individuals, such as property agreements and tax filing. Our mission is to provide one-click access to individuals and businesses for all their legal & professional needs.
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Seller Contact Details

Harish Kumar

D.No.28/176 , Flat.No.102, First, Uzma Residency, Boya Street ,Ananthapuramu Anantapur - 515005, Andhra Pradesh, India

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