Verify AOA of the company
File ROC Forms
Allotment of Shares.
Every company limited by shares must have a share capital. Share capital refers to the amount invested in the company for it to carry out its operations. The share capital of the company can be altered or increased, subject to certain conditions. A company cannot issue share capital in excess of the limit specified in the capital clause without altering the capital clause of the memorandum of association.
(1) Verify AOA of the company
(2) Convence a board meeting
(3) Extra ordinary general meeting
(4) File ROC Forms
(5) Allotment of shares
(1) Increase authorized capital
(2) Enhances Borrowing capacity
(1) Shareholders resolution's valid certified copy.
(2) Modify Memorandum of association.
(3) Copy of audited balance sheets of the last 3 years.
(4) Modified articles of association
(5) Copy of the resolution passed in general meeting of the associates
(6) Any other applicable documents
(1) What is Change in share capital?
(2) Can a company spend share capital?
(3) Can a company increase or reduce its share capital?
(4) How does a initial market raise capital?