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The Essentials of Authorized Capital

It is the authorized capital of a private company that determines the maximum number of shares it can issue. Most start-ups begin with the minimum authorised capital of Rs. 1 lakh, which becomes too little as the business grows. To issue new shares or to raise the Authorised Capital, the capital clause of the Memorandum of Association is amended by passing a special resolution by the board.
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What is the procedure for changing a registered office address

The procedure for a change in the registered office of LLP or a company is mentioned below-

change in registered office address within the local limits of the city, town or village
  • With a board resolution
  • By filing Form INC- 22 within 30 days of the Board Resolution
change in the registered office of the compan
  • With a board resolution and a special resolution.
  • By filing Form MGT-14 within 30 days of the Special Resolution
  • By filing Form INC- 22 within 30 days of the Special Resolution