Authorised share capital

This query is : Resolved 

19 July 2012 is it neccessary to get c.g approval if a public company wants to increase its authorised share capital?

19 July 2012 No CG approval not required for increase in Auth Share Capital.

21 July 2012 IN case of change in capital clause of the Memorandum of the Company, except in the case of capital reduction, only Ordinary Resolution is required.

NO CG approval is required.

Even in case of Capital Reduction order of Court is required.




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