Company Compliance · Panaji, Goa
Smooth increase of authorised share capital in Goa — checking the articles permit it, passing the resolution, altering the MOA capital clause, and filing Form SH-7 within 30 days with the fees and stamp duty — so you can issue new shares without delay.
Overview
A company can only issue shares up to its authorised capital, so before raising funds or admitting investors beyond that ceiling, the authorised capital must be increased. This means confirming the articles allow it, passing the required resolution, and altering the MOA capital clause.
The increase is then filed with the ROC in Form SH-7 within 30 days, together with the prescribed fees and stamp duty. Getting this done in advance avoids holding up a funding round or allotment. We handle the resolutions, MOA alteration and SH-7 filing — often ahead of a share issue and alongside any needed AOA amendment.
What's covered
Raising the share-capital ceiling, on time.
Get a fixed-fee quote →Confirming the AOA permits a capital increase.
Passing the members' resolution to increase capital.
Altering the capital clause of the Memorandum.
Filing Form SH-7 with the ROC within 30 days.
Computing and paying the additional fees and stamp duty.
Preparing for the subsequent allotment of shares.
Our process
We confirm the AOA allows the increase.
We pass the resolution to raise capital.
We alter the MOA and file SH-7 in time.
You can now allot the new shares.
Frequently asked questions
Authorised capital is the maximum share capital a company is permitted to issue, as stated in its MOA. A company cannot issue shares beyond this ceiling, so before a funding round, new allotment or admitting investors that would exceed it, the authorised capital must be increased.
The company first checks that its articles permit an increase, passes the required members' resolution, alters the capital clause of the MOA, and files Form SH-7 with the ROC within 30 days, paying the additional fees and stamp duty. We handle the entire process.
An increase in authorised capital is generally approved by an ordinary resolution, provided the articles permit it, though the articles may require otherwise. If the articles do not allow an increase, they must be amended first by special resolution, and we handle both where needed.
Form SH-7, which notifies the ROC of the increase in authorised capital, must be filed within 30 days of the resolution, along with the prescribed fees and stamp duty. We file within the deadline to avoid additional fees and penalties.
Yes. Increasing authorised capital attracts additional ROC fees and stamp duty, which vary with the amount of the increase and the state. We compute these accurately and include them in the filing so there are no surprises.
No. Increasing authorised capital only raises the ceiling up to which shares may be issued; the actual issue of shares is a separate step requiring its own approvals and allotment process. We typically increase the capital first and then handle the allotment.
Book a free consultation and tell us your target capital. We pass the resolution, alter the MOA and file SH-7, on a transparent fee.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll increase your authorised capital and file SH-7 — no obligation.