Authorized share Capital means the maximum number of shares a private limited company can issue to its promoter or new shareholder. Generally Startups start their company with the base of Rs -1,00,000/- authorized capital and any time if they want to increase their share capital in order to issue fresh share capital to their relatives or new shareholder they have to increase their authorized capital if the entire shares are already subscribed by the existing shareholders. Our legalsalah.com Expert CA &CS will guide you in formulating proper planning in regard to issuance of new share and restricting capital structure as per business requirement.
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