The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. For Increase in Authorise Share Capital, the company has to make sure that its Articles of Association contain a provision authorising it to increase its authorized share capital. If there is no such provision then the company has to take steps for alteration of its Articles of Association. Legaltree can help you increase authorized capital of the Company.
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