What is the process to increase authorized share capital for a company?

[alisha joy]

To increase authorized share capital, a company must first check its Articles of Association (AOA) to ensure it permits an increase. If not, the AOA must be amended by a shareholder resolution. Next, a board meeting is held to propose the increase, followed by a general meeting for shareholder approval. Once approved, the company files Form SH-7 and necessary documents with the Registrar of Companies (RoC) and pays the applicable fee. After RoC approval, the company receives a Certificate of Increase in Authorized Share Capital, completing the process.