Where can I find authorised capital?

The Authorised capital is mentioned in the Memorandum of Association of the Company under the heading of “Capital Clause”. It is even decided prior to incorporation of the Company. The Authorised capital can be increased at any time in future by following necessary steps as required by law.

How do I find out if a company is authorized capital?

Steps to Check Company Registration Status

1. Step 1: Go to the MCA website.
2. Step 2: Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master Data’.
3. Step 3: Enter the companies CIN. Enter the captcha code. Click on ‘Submit’.

What is difference between authorised capital and paid-up capital?

Authorized capital is the maximum value of the shares that a company is legally authorized to issue to the shareholders. Whereas, paid-up capital is the amount that is actually paid by the shareholders to the company. On the other hand, a company is not authorized to issue shares beyond the authorized share capital.

What is minimum authorised capital?

It is the maximum value of the shares issued to the shareholders. The amount paid by the shareholders to the company for the company’s financing. All new companies must authorize a minimum amount of capital, which is Rs 1 lakh for Pvt Ltd Companies and Rs 5 lakh for Public Limited Companies.

How to register authorised capital with SSM in Malaysia?

Every Company need to register its authorised capital upon its incorporation with Suruhanjaya Syarikat Malaysia ( SSM ). The amount of authorised capital will be stated in the Memorandum of Association & Form 24 of the Company.

What does authorised capital mean in SSM form 24?

The amount of authorised capital will be stated in the Memorandum of Association & Form 24 of the Company. A company can increase its paid-up capital up to the maximum amount of authorised capital that registered with SSM. The Authorised Capital is also referred as the registered capital of a company.

Can a company increase its authorised capital to RM100, 000?

If a company has authorised capital of RM100,000, then company can only increase its paid-up capital up to the maximum of RM100,000 at any time. However, if that company intends to increase its paid-up capital up to RM250,000, the company needs to increase its authorised capital from 100,000 to 500,000 before it can increase its paid-up capital.

When do companies no longer need to declare authorised capital?

With effective from 31 January 2017 and following the implementation of the New Companies Act 2016, a company is no longer required to state its authorized capital. Instead, a company is required to notify its issued share capital and paid up capital and the related changes through the return of allotments. Offer Price for New Company Registration