Companies Act, 2013
Section - 61 - Power of limited company to alter its share capital
Power of limited company to alter its share capital . 61. (1) A limited company having a share capital may, if so authorised by its articles, alter its memorandum in its general meeting to-
| (a) | - | increase its authorised share capital by such amount as it thinks expedient; |
| (b) | - | consolidate and divide all or any of its share capital into shares of a larger amount than its existing shares: |
| - | Provided that no consolidation and division which results in changes in the voting percentage of shareholders shall take effect unless it is approved by the Tribunal on an application made in the prescribed manner; | |
| (c) | - | .... To read the full section download the app from Google Play store
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