Increase in Share Cap- Which Resolution?

Hi,

For increase in AC you have to pass an ordinary resolution of shareholders under section 94 in General Meeting.

Regards

Dear there r two types of situations here:-

1.First see whether AOA contains amount of auth. capital, if yes, then pass a special resolution as AOA are also being altered alongwith MOA;

2.If AOA are not going to be altered, even then u should see heading of 'Alteration of Capital 'in AOA', it tell us whether the resolution will be ordinary/special for alteration of capital.

 Ordinary Resolution should be passed...................?

ordinary resolution,,,,,,,,,,,,

Its ordinary resolution and you have to file Form 5.