Authorised share capital
This query is : Resolved
19 July 2012
is it neccessary to get c.g approval if a public company wants to increase its authorised share capital?
19 July 2012
No CG approval not required for increase in Auth Share Capital.
CS Ankur Srivastava
(Expert)
21 July 2012
IN case of change in capital clause of the Memorandum of the Company, except in the case of capital reduction, only Ordinary Resolution is required.
NO CG approval is required.
Even in case of Capital Reduction order of Court is required.
NO CG approval is required.
Even in case of Capital Reduction order of Court is required.
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