Share Capital is the portion of equity that has been obtained by the issue of shares to the shareholders of the Company. The Authorized share capital is the maximum amount of capital of the Company. The Authorized share capital of the Company can be increased at any time after its incorporation. A Company during its course of business requires additional capital for business expansion or to meet expenses that may arise in future. This can be done by increasing the authorized share capital of the Company by issuing new shares.
Though, this process is complicated, Corporate Advisor can help you induce Capital in your business.
Need to Increase authorized share capital
Every Business requires more funds for its expansion or to meet to business expenditures, which is not possible without increase in authorized share capital of that company. Provision regarding increase in authorized share capital should be mentioned in Articles of Association (AOA) and if it is not there, then AOA required to be altered.