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Explanatory statement pursuant to section

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(Querist)
03 November 2009 if company increased in autorised share capital than the explanatory statement u/s are required to annexed theirto
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Ankur Garg

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Ankur Garg (Expert)
03 November 2009 Hi,

Increase in authorised capital is a special business. For every special business you have to give explanatory statement under section 173.

So for Increase in authorised capital explanatory statement is required.

Regards
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