Company Secretary
98 Points
Joined July 2008
board resolution:
“RESOLVED THAT, subject to the approval of the company at a general meeting by way of ordinary resolution, the Authorized Share Capital of the company be increased from Rs ..../- to Rs ..../- by creation of ......-further equity shares of Rs.10/- each ranking paripassu with the existing equity shares of the company.”
EGM Resolution:
“RESOLVED THAT pursuant to provisions of Section 94 (1) (a) of the Companies Act,1956, the Authorized Share Capital of the company be increased from Rs......./- to Rs....../- by creation of ...../-further equity shares of Rs.10/- each ranking paripassu with the existing equity shares of the company.”
“RESOLVED FURTHER THAT in compliance with the provisions of Section 16 of the Companies Act, 1956, the existing capital clause No.V appearing in the Memorandum of Association be substituted with the following new clause:
“V.The Authorized Share Capital of the company is Rs. ..../- (Rupees .....Only) divided into ...(.....only) Equity shares of Rs.10/- each.”
“RESOLVED FURTHER THAT in compliance with the provisions of Section 31 of the Companies Act, 1956, the existing capital clause appearing in Article 4 of Articles of Association be substituted by the following new article:
“4. The Authorized Share Capital of the company is Rs. ..../- (Rupees .....Only) divided into .....(...... only) Equity shares of Rs.10/- each.”
“RESOLVED FURTHER THAT the Board of Directors of the company be and are hereby authorised to do all acts, deeds and things necessary to give effect to increase in authorised share capital and necessary alterations in memorandum and articles of association”