cancellation of resolution for increase in Authorised Share
This query is : Resolved
RAVI KARIA
(Querist)
11 November 2010
Dear Friends
Happy Diwali
Kindly suggest
Can a Company cancel its earlier Ordinary resolution passed for increasing Authroised Share Capital.
can we modify the said resoluiton by reducing the authorised share capital
Happy Diwali
Kindly suggest
Can a Company cancel its earlier Ordinary resolution passed for increasing Authroised Share Capital.
can we modify the said resoluiton by reducing the authorised share capital
udit sharma
(Expert)
11 November 2010
In my opinion u can not cancel but can modify previous resolution passed for increasing the Authorised Capital of the Company........
Message likes :
1 times
11 November 2010
Pl see https://www.feeleminds.com/forum/viewtopic.php?f=2&t=8806
Message likes :
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RAVI KARIA
(Querist)
11 November 2010
Dear Sir
if we can modify - within how much period we can move a resolution for modification and how?
kinldy suggest
if we can modify - within how much period we can move a resolution for modification and how?
kinldy suggest
RAVI KARIA
(Querist)
11 November 2010
Kinldy also suggest - will it make any difference if company is listed
udit sharma
(Expert)
12 November 2010
Hi Ravi.....
Kindly let me know that if yours is a Listed Company and u have passed the resolution for increasing the Authorised Capital of the Company and then why your Company is cosidering the proposal to cancel the resolution so passed???????
Kindly let me know that if yours is a Listed Company and u have passed the resolution for increasing the Authorised Capital of the Company and then why your Company is cosidering the proposal to cancel the resolution so passed???????
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