Alteration of capital clause

This query is : Resolved 

02 February 2015 Respected Members,
What is the provision if we want to alter the capital clause of the pvt. company in the MOA ie. can we consolidate shares of a smaller face value of rs. 10/- into share of a larger face value of rs. 100/- and reduce the number of shares while keeping the total authorised capital same

04 February 2015 yes, you may do so by passing a special resolution by conducting EGM. and need to file mgt-14 and sh-7 for the same


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