Authorized share capital refers to the maximum value of shares a company can issue as per its memorandum. Increasing this capital requires shareholder approval via ordinary resolution, followed by filing Form SH-7 with the Registrar of Companies within 30 days. Failure to comply may incur penalties under the Companies Act, 2013. Also read- https://www.companiesnext.com/procedure-of-increase-in-authorized-share-capital-of-a-private-limited-company
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Increasing Authorized Share Capital for a Private Limited Company

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Authorized share capital refers to the maximum value of shares a company can issue as per its memorandum. Increasing this capital requires shareholder approval via ordinary resolution, followed by filing Form SH-7 with the Registrar of Companies within 30 days. Failure to comply may incur penalties under the Companies Act, 2013. Also read- https://www.companiesnext.com/procedure-of-increase-in-authorized-share-capital-of-a-private-limited-company

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