Increasing Authorized Share Capital for Private Limited Companies: A Brief Overview

Companies Next05 Aug, 2023Finance

As businesses grow, their financial needs expand over time. These needs can be both short-term and long-term. While short-term requirements can often be met through loans and advances, sustaining long-term operations demands more significant funding. Private limited companies can address this by increasing their authorized share capital. However, this process must adhere to regulations outlined in the Companies Act.