Dear all,
We are Pvt. ltd. co. Articles of the Company do authorise Alteartion / Reclassidfication of Shares .
At present, we wish to convert portion of unissued Preference Share Capital reflecting in the Authorised Capital of the Company into Equity share Capital.
I understand this can be done by modifying Capital Clause of the MOA for which we will require to take BM and EGM .
However , Section 64 talks only about limited Co. , in such case what procedure Pvt. Ltd. Co. is required to follow .
Please reply.
CAclubindia
