Explanatory statement pursuant to section


This query is : Resolved 

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

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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