Webb29 feb. 2024 · The steps followed for the Alteration in Share Capital are as follows: Issue a Board notice with the agenda of the meeting at least 7 days before the date of the meeting. Hold a Board Meeting Pass the Resolution for the Alteration of Share Capital in … Webb20 okt. 2024 · Alteration of Share Capital refers to the changes in the existing capital structure of the firm. A company can alter its share capital only if it is authorized by its …
Procedure for Sub-Division or Consolidation of Share Capital
Webb5 sep. 2024 · Procedure for the alteration of Share Capital Types of Alteration of Share Capital. Cancellation of shares which at the date of passing of the resolution in that... Webb30 nov. 2024 · Hold the General Meeting on fixed day and pass a Special Resolution for alteration of Articles of Association. Disclose the proceedings of General Meeting to the Stock Exchange within 24 hours from the conclusion of the meeting and post the same on Company’s website within 2 working days. Prepare the minutes of General Meeting, get … fort wayne indiana road construction map
Alteration of Capital Clause: 5 Types Company
WebbAuthorised Capital – Concept and meaning Companies Act 2013, by Section 2(8) says, authorised or nominal capital means that capital which is authorised by the Memorandum of Association of the company to be the maximum amount of share capital of the company. This is amount for which the company can issue shares. Issued capital can … Webb22 mars 2024 · Checklist for Alteration of Share Capital under Companies Act, 2013: 1. Check Articles of Association. If there is no such provision, alter the provisions of Section 14 of Companies Act, 2013. 2. Make an application to the concerned Stock Exchange (s) and any other Stock Exchange where Company proposes to get its consolidated shares … WebbThe primary procedures used by auditors are the inspection of the article of association, board of directors’ meeting minutes, an inspection of cash or in-kind injection of capital, as well as a review of the correct classification of subaccount in the shares capital. Audit Assertions for Share capital fort wayne indiana sba office