How can we increase authorised share capital of the company?

Question

Accepted Answer

Increase authorised share capital by passing a special resolution and filing necessary forms with Registrar of Companies.

Convene a board meeting to pass a resolution for increasing authorised share capital
Conduct a general meeting and pass a special resolution with the approval of shareholders
File necessary forms with Registrar of Companies within 30 days of passing the resolution
Pay requisite fees for filing forms and stamp duty for increasing authorised share capital
Update the Memorandum of Association and Articles of Association of the company
Obtain approval from concerned authorities if required, such as SEBI in case of listed companies
Ensure compliance with all applicable laws and regulations

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