Alteration in share capital

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2016 whether alteration in the AOA will require and how such change will be effected whether by passing the Board resolution or by passing Special resolution

Kindly Revert As soon as possible

CS Divesh Goyal

CS Divesh Goyal (Expert)
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19 January 2016 For alteration in AOA Special Resolution is required.

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2016 So it means we can alter the authorised capital merely by passing the Ordinary resolution ??????

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Pratik Shah

Pratik Shah (Expert)
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20 January 2016 Alteration of AOA always requires Special Resolution.
In case of alteration of MOA with respect to Capital Clause, Ordinary resolution is sufficient.

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2016 thanks for such a valuable suggesion