Shares in your Company
Quick formations provides you with great detail and efficiency service to form your own company. The authorized shares are ones which your company issued to the share holders when it was formed.
Normally a 1000 mark is used as a benchmark for the shares to be alloted. To increase the number of shares that your company want to issue a share capital form must be filled up and submitted to the registrar of companies.
If you want to reduce the share capital then you can fill the form number 122 through which you can reduce the number of shares. This usually takes a period of 30 days to do so.