Before starting with Increase in Authorized Share Capital — the process of raising the maximum share capital a company is permitted to issue, as stated in its Memorandum of Association — it helps to have everything ready in advance. Here's the checklist relevant to companies planning to issue more shares than their current authorized capital allows.
The Checklist
✓ Current authorized capital as per the Memorandum of Association
✓ Board resolution proposing the increase
✓ Shareholder approval through a general meeting
✓ Altered Memorandum of Association reflecting the new capital
✓ Applicable government fee for the increased capital
✓ Updated statutory registers
Why Preparation Matters
Missing or incomplete documentation is one of the most common reasons applications get delayed with the Ministry of Corporate Affairs (MCA). Having this list ready before you begin can meaningfully speed up the process.
Once You Have Everything Ready
- Pass a board resolution proposing the increase
- Obtain shareholder approval at a general meeting
- File the relevant form with the MCA along with fees
- Update the Memorandum of Association and statutory registers
Need Help With This?
Leegal's team handles registration, compliance, and advisory work like this end-to-end, with transparent pricing and a dedicated point of contact throughout.
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