Need to issue more shares or take investment? We raise your authorised capital — MOA alteration, resolution and SH-7 filing, so you’re ready to allot.
A company can only issue shares up to its authorised capital. To bring in investment or allot more shares, you first increase that ceiling, which means altering the capital clause of the MOA, passing a resolution, paying the increased fee/stamp duty, and filing Form SH-7.
Govyapar handles the resolution, the MOA alteration and the SH-7 filing so your company is legally ready to allot new shares.
A Chartered Accountant handles the SH-7 filing and the follow-up.
New capital & structure decided.
Resolution passed at EGM.
MOA altered and SH-7 filed.
You can now allot new shares.
Because you can’t issue shares beyond it. Before any funding round or fresh allotment, the ceiling often needs raising.
Yes, an increase attracts additional MCA fee and state stamp duty on the raised capital. We compute it upfront.
Allotting the new shares via a PAS-3 filing. We can handle that too.