Roc
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2012
please provide me the draft special resolution for making alteration in MOA
Guest
Guest
(Expert)
11 January 2012
SPECIAL BUSINESS
1. To consider and if though fit, to pass with or without modification the following resolution as Special resolution:
“RESOLVED THAT pursuant to the provisions of Section 16, 94, all other applicable provisions, if any, of the Companies Act, 1956 and Articles of Association of the company, the authorised share capital of the company be and is hereby increased from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.”
“RESOLVED FURTHER THAT the company’s memorandum of association be and is hereby altered as follows:
In clause V of the memorandum of association of the company the words and figures:
The Authorised Share Capital of the company is Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each.
be substituted by the following words and figures:
The Authorised Share Capital of the company is Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
SPECIAL BUSINESS
1. To consider and if though fit, to pass with or without modification the following resolution as Special resolution:
“RESOLVED THAT pursuant to the provisions of Section 16, 94, all other applicable provisions, if any, of the Companies Act, 1956 and Articles of Association of the company, the authorised share capital of the company be and is hereby increased from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.”
“RESOLVED FURTHER THAT the company’s memorandum of association be and is hereby altered as follows:
In clause V of the memorandum of association of the company the words and figures:
The Authorised Share Capital of the company is Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each.
be substituted by the following words and figures:
The Authorised Share Capital of the company is Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
Guest
Guest
(Expert)
11 January 2012
SPECIAL BUSINESS
1. To consider and if though fit, to pass with or without modification the following resolution as Special resolution:
“RESOLVED THAT pursuant to the provisions of Section 16, 94, all other applicable provisions, if any, of the Companies Act, 1956 and Articles of Association of the company, the authorised share capital of the company be and is hereby increased from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.”
“RESOLVED FURTHER THAT the company’s memorandum of association be and is hereby altered as follows:
In clause V of the memorandum of association of the company the words and figures:
The Authorised Share Capital of the company is Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each.
be substituted by the following words and figures:
The Authorised Share Capital of the company is Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
SPECIAL BUSINESS
1. To consider and if though fit, to pass with or without modification the following resolution as Special resolution:
“RESOLVED THAT pursuant to the provisions of Section 16, 94, all other applicable provisions, if any, of the Companies Act, 1956 and Articles of Association of the company, the authorised share capital of the company be and is hereby increased from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.”
“RESOLVED FURTHER THAT the company’s memorandum of association be and is hereby altered as follows:
In clause V of the memorandum of association of the company the words and figures:
The Authorised Share Capital of the company is Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each.
be substituted by the following words and figures:
The Authorised Share Capital of the company is Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
Guest
Guest
(Expert)
11 January 2012
EXPLANATORY STATEMENT PURSUANT TO SECTION 173(2) OF THE COMPANIES ACTS, 1956
ITEM NO. 1
The authorised capital of the company is presently Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each. It has become mentable to increase the authorised capital of the company to enable to raise paid up capital further to diversify and expand activities of Company. The resolution is therefore to increase the authorised capital of the company from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
In view of the fact that the Authorised Capital of the company is being increased the existing clause V of the Memorandum of Association of the company needs to be amended.
The members are requested to pass necessary resolution set out in the notice as special resolution to carry out the necessary amendments in the memorandum
ITEM NO. 1
The authorised capital of the company is presently Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each. It has become mentable to increase the authorised capital of the company to enable to raise paid up capital further to diversify and expand activities of Company. The resolution is therefore to increase the authorised capital of the company from Rs. 50,00,000/-(Rupees Fifty Lacs only) divided into 5,00,000 (Five Lacs) Equity Shares of Rs. 10/- each to Rs. 2,00,00,000/-(Rupees Two Crore only) divided into 20,00,000 (Twenty Lacs) Equity shares of Rs.10/-(Rupees Ten only) each.
In view of the fact that the Authorised Capital of the company is being increased the existing clause V of the Memorandum of Association of the company needs to be amended.
The members are requested to pass necessary resolution set out in the notice as special resolution to carry out the necessary amendments in the memorandum
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- GST not cancelled by tenant
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
