Change in Share Capital

Ideal for Startups who are going for funding & scalable business.     

At only Rs 8,999 in just 10-12 days.

Documents Required from Directors, Shareholders
Pan Card Copy (Mandatory)
ID Proof (Any one) – Driving License/ Voter ID/ Passport/ Aadhaar Card
Address Proof (Any one) – Bank Statement/ Telephone or Mobile Bill/ Electricity Bill. (Latest-Not older than 30 days)
Passport Size Photograph of Directors
Documents Required for Registered Office Address
NOC - No Objection Certificate from the Owner of the Property
Address Proof - Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)

    Overview of Change in Share Capital

    The amount of capital to invest in the Company is one of the most critical decisions that have to be made by the supporters when a company is in its incorporation stages. As the business begins to pick up, the Company may look to expand its operations, expand in size, scale, or structure. To make that dream a reality, it may require the driving of more funds into the Company, basically increasing/Changing the share capital of the Company. Sometimes, the amount of necessary capital might surpass the limit of the authorized capital at the time.

    Meaning of Share Capital

    The word capital signifies ‘Share Capital’ of the organization where the rupees divided into a predetermined number of shares of a fixed amount. Every Company requires cash in the form of share capital to maintain the business. The organization utilizes cash to meet its necessity by the method of gaining business premises and stock-in-trade and so on.

    The Company which has chosen for expanding its Capital, first it has to check the current Authorized Share Capital. It is because the Company can’t give the shares past the authorized Share capital in any way, for issuing the shares it is required to increase the authorized share capital by changing the Memorandum of Association of the Company.

    The Company having Share Capital if so authorized by the Article of Association, can modify the Share Capital. In this case, the Company needs to follow the technique as recommended under the Companies Act, 2013. For the increase/Change in share capital, it is required to acquire the approval of the registrar of companies by filing required forms.

    Documents Required

    ID Proof

    Passport

    Photo

    Passport size photograph

    Address Proof

    Digital signature certificate of the proposed director.

    Registered Office Proof

    Proof of residence (electricity bill, rental agreement, Aadhar Card, voter ID, passport, driving licence)

    Compay Incorporation Process

    How long does it take?

    1

    Day 1-2

    Review of documents provided + Application for Digital Signature Certificate
    2

    Day 3-4

    Name reservation application under SPICe+
    3

    Day 5-9

    - Drafting of MoA, AoA and other required documents + Filing company registration application + DIN allotment application + Application for PAN and TAN of company
    4

    Day 10-12

    Government processing time

    How does it works?

    Free Consultation
    • Our expert will understand your requirements
    • They will provide basic details and documents list required for              registration
    Make the Payment
    • You make the initial fee payment through secure payment                      gateway towards stamp duty and out of pocket expenses.
    Application for company registration
    • Application for company name registration under SPICe+
    • Procurement of Digital Signature Certificate (DSC)
    • Documents drafting including MOA and AOA
    • Application for Company registration
    • Application PAN and TAN

    Meaning of Authorized Capital & Nominal Capital

    The The provision of section 61 governs the Change in share capital in the organizations, read with section 13 and 64 of the Companies Act 2013. According to Section 2(8) of the Companies Act, 2013, 'authorized capital' or 'nominal capital' signifies such Capital as approved by the memorandum of a company to be the most considerable measure of the share capital of the organization. In this way, it is clear that employing the previously mentioned definition, an organization can extend its business up-to the level of authorized Capital. If you need to expand your business by infusion of more funds, at that point first, you need to grow your approved Capital by following a couple of steps, as discussed ahead.

    What do you get

    Digital Signatures

    Digital signature to digitally sign the documents
    +

    Memorandum of Association

    Defines the objective of the company
    +

    PAN

    PAN of the company
    +

    Articles of Association

    Defines the rules of the company
    +

    TAN

    TAN of the company
    +

    Certificate of Incorporation

    Certificate of incorporation bearing company's registration number
    +

    More questions? Seek the help of an expert!

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