In the business world, it’s important to have more investment for expansion and grow business substantially. Investment is the key to business growth. An organization can arrange funds by increasing its authorized share capital.
An increase in authorized capital can be possible by issuing new shares and/or infusing more capital into the Company. The common authorized capital of the Company is declared in the Memorandum of Association and is basically Rs. 1 lakh. An organization can increase the authorized capital at any time with the consent of existing shareholders and by fsubmitting additional fee to the Registrar of Companies.
Decision: - It is completely an internal policy of a company to increase authorized capital. There might be many reasons to increase authorized capital like business expansion, to meet business expenditures, to buy the latest technology, to increase operational efficiencies etc.
1. Connect to Corpseed
2. Provide necessary documents required for the increase in share capital
3. Our Legal expert will help your company to increase authorized share capital
Step 1: - The procedure for an increase in authorized share capital entirely depends on the existing Board of Directors.
Step 2: - Once your board of directors decide to increase the authorized capital., we will help you to alter AoA and make the change to increase authorized share capital.
Step 3: - After the Board Resolution is passed, we will prepare and file the case to ROC along with necessary documents
Step 1: - Corpseed received your request to increase in authorized capital.
Step 2: - We will assign a dedicated resource who is professionally skilled in the company compliances. You can get in touch with the assigned resource at any point of time for consultation and assistance regarding an increase in the authorized capital throughout your journey with Corpseed.
Step 3: - Our resource will draft the necessary Board Resolutions for an increase in the authorized capital procedure.
Step 4: - Once the Board Resolutions are passed, our Experts will prepare and file the necessary documents with the Ministry of Corporate Affairs.
Step 5: - Above 5 steps completes your request for the increase in authorized capital.
At Corpseed, we are committed to offer our services to the entrepreneurs and businesses as a very cost-effective proposition. We believe that a customer is always right and the focus of any business activity should be to serve the customer with utmost loyalty. All our services come with SLAs (Service Level Agreements) for on-time service delivery and money back guarantee to ensure high level of customer satisfaction.
At Corpseed, our valued customers are always kept in the loop as far as service delivery timeline is concerned and we inform our customers every time a milestone is achieved during each stage of service request processing. But we also believe that we may come across a customer who is not satisfied with our efforts. For that we have a very responsive Customer Care Department which work 24x7 to attend to and solve customer complaints. We also have a money back guarantee for those, who want their service charges to be refunded.
At Corpseed, We believe it is our responsibility to protect our customer information from unauthorized access. We have put systems and processes in place to make sure that the customer information is safe with us during its storage and transfer between in house and third party servers. We continuously test our systems and processes for security breach and vulnerabilities are identified and fixed at a regular basis..
If a customer is not satisfied with the service we provided and if he contacts our customer care helpline and files a formal complaint within 15 days of service delivery date, Corpseed would refund the entire or partial amount of Professional Fee charged for that particular service.
If a customer is having issues with our service delivery process, he has various alternatives available at his disposal to register his grievance with us. He can either email his complaint at firstname.lastname@example.org or he can call our 24x7 Customer Care Helpline. Also, any customer is always welcome to visit our office to lodge a complaint with the senior management.
A customer can buy our services directly from our online platform, for which he need to make online payment. Once he clicks on "Apply Now", a new window will open, a customer is required to submit the information in the respective fields and click "Make Payment". A unique ticket number will be auto generated, the customer need to quote this number as reference for any enquiry regarding his service request.
All the monetary transactions performed on Corpseed online platform are secured with SSL System Protocol. We encrypt the customer information such as credit card and bank account details, before these are transmitted anywhere. We adhere to PCI DSS for data security standards for payment processing.
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This form is to be used for making application for the grant of Carry-On-Business (COB) License under the provisions of Sections 13(a), 13(b), 13(c) and 29B(2) of the Industries (Development & Regulat
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