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MAXIMUM SHARES
The maximum number of shares a company can issue is?
Replies (3)
maximum share that can be issued is upto authorised capital
Can a company increase its authorised capital after its incorporation? If yes then how.
Yes,a company can increase its authorised share capital.Form SH 7 is the form prescribed which is required to be filed along with relevant compliances.
A company can increase its authorised share capital by passing an ordinary resolution.
In case the articles of the company do not authorise to increase authorised share capital, articles shall be altered accordingly by passing special resolution and MGT 14 will be filed.
A company can increase its authorised share capital by passing an ordinary resolution.
In case the articles of the company do not authorise to increase authorised share capital, articles shall be altered accordingly by passing special resolution and MGT 14 will be filed.
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