To do this, you need to have the capital clause of the Memorandum of Association amended by passing a special resolution of the board.
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We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.
If you are increasing the authorised capital and issuing new shares to existing promoters, a board meeting needs to be called and Form PAS-3 needs to be filed with the Registrar of Companies (RoC), intimating the allotment of shares.
Issuing shares to new shareholders is a complicated procedure, necessitating a valuation report from a chartered accountant.
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