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 real Chartered Accountant handles the filing end-to-end.
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.