Easy Office
LCI Learning

Increase in authorised share capital

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 May 2013 Dear,

With reference to the above require, alteration of MOA.

I have doubt about MOA preparation.

Old: The authorized Share capital of the company is Rs. 10,00,000/- divided into 100000 equity shares of Rs. 10 each ...................

List of Subscriber:

Mr. A 45000 e.share

Mr. B 50000 E.Share

Mr. C 5000 "

Altered MOA:
The authorized Share capital of the company is Rs. 1,50,00,000/- divided into 15,00,000 equity shares of Rs. 10 each ...................

**** Have to maintain the same Subscriber list or otherwise I want to alter it.

Please advise me. urgent.
Profile Image

CS Vidhya

Profile Image

CS Vidhya (Expert)
13 May 2013 Dear Ms.Hema,

You just alter the Capital Clause of the MOA. There is no need to alter subscription clause

Regards,
CS.Vidhya

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links