Increase in authorised share capital


This query is : Resolved 

(Querist)
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 (Expert)
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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