Company Increase In Authorised Share Capital
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INCREASE IN AUTHORISED SHARE CAPITAL
"RESOLVED THAT subject to the approval of shareholders in a General Meeting, the authorised share
capital of the company be increased form Rs. ___________/- (Rupees
______________________________) divided into _____________ equity shares of Rs_____.___/-
(Rupees _______________________________) each to Rs. _________ (Rupees
______________________) divided into ________________ equity shares of Rs._______/- (Rupees
________________________) each ranking paripassu with the existing equity shares in the Company and
that in clause ____________ of the Memorandum of Association of the Company for the words and
figures
"The Authorised Share Capital of the Company is Rs. __________/- (Rupees
__________________________) divided into _________ Equity shares of Rs. ___/- (Rupees
_______________) each."
The following shall be substituted:
"The Authorised Share Capital of the Company is Rs. ____________/- (Rupees ______________) divided
into ____________________ Equity shares of Rs. ___/- (Rupees ______________________) each."
RESOLVED FURTHER THAT an Extraordinary General Meeting of the shareholders be convened at the
registered office of the Company on __________ the ___ day of ___________, 19___ at ____ A.M./P.M.
to consider the proposed increase in the authorised share capital of the Company and
Mr. ______________________________, Director/Secretary of the Company be and is hereby
authorised to take further necessary action in this regard." | |
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