A company can raise whatever authorised capital as they decide upon and the same will be mentioned in the MoA with revisions. Hence, increasing authorised capital has an incremental effect on the overall company share capital.

With the increase in share capital, the company's overall net worth also increases. This further enhances the borrowing capacity of the company.

Here are the few guidelines one must know about increase authorised capital:

• Rs.5 lakhs for including the phrases Hindustan, Bharat, and India in the company name.
• Rs.10 lakhs for the use of the phrases 'Enterprise', 'Products', 'Business', and 'Manufacturing' in the company name.
• Rs.10 lakhs for the use of the phrases 'Enterprise', 'Products', 'Business', and 'Manufacturing' in the company name. Rs.50 lakhs for the use of the phrases global, intercontinental, continental, Asian, and international in the company's name.
• Bharat, Hindustan, and India were paid Rs.50 lakhs to be the first word in the firm name.
• For employing words like 'international', 'global', 'universal', 'continental', 'intercontinental', 'asiatic', and 'industry' anywhere in the firm name, as well as 'udhyog' and 'industry', the fine is Rs.1 crore.
• Rs. 5 Crore if the company name contains the word 'Corporation' even once.

• Digital signature certificate Online: A copy of a DSC from any authorised director of the company
• Memorandum of Association: A copy of the modified or latest version of the MoA
• Articles of Association: A copy of the modified or latest version of the AoA
• Certificate of incorporation: A copy of the company's incorporation certificate
• PAN card: A copy of the company's PAN card.