Increase in authorised share capital

This query is : Resolved

M. Hemalatha (Querist)
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13 May 2013 Dear,

With reference to the above require, alteration of MOA.

I have doubt about MOA preparation.

Old: The authorized Share capital of the company is Rs. 10,00,000/- divided into 100000 equity shares of Rs. 10 each ...................

List of Subscriber:

Mr. A 45000 e.share

Mr. B 50000 E.Share

Mr. C 5000 "

Altered MOA:
The authorized Share capital of the company is Rs. 1,50,00,000/- divided into 15,00,000 equity shares of Rs. 10 each ...................

**** Have to maintain the same Subscriber list or otherwise I want to alter it.

Please advise me. urgent.

CS Vidhya

CS Vidhya (Expert)
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13 May 2013 Dear Ms.Hema,

You just alter the Capital Clause of the MOA. There is no need to alter subscription clause

Regards,
CS.Vidhya

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