Angel Investor ready to fund your venture ? What Next ?

The legal and compliance process  

    • Increase in Authorized share capital
      • Conduct of a Board meeting to approve the increase and calling the EGM
      • Call EGM and approve the increase in authorized capital
      • Filing of forms:
        • SH7
        • MGT14 (may or may not be needed, depending on the article of the company
    • Share holder agreement
      • You need to draft a shareholder agreement
      • After drafting they should sign the agreement after agreeing on various aspects of it
    • Issue of shares under rights issue mode
      • Conduct Board meeting
      • Filing of forms
        • PAS3
        • MGT14(may or may not be needed, depending on the article of the company)
    • Issue of shares
      • Accept money from the investors
      • Pay the stamp duty
      • Issue share certificates
    • Valuation Certificate by CA to certify the Valuation (Can be done in parallel)

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