cancellation of resolution for increase in Authorised Share

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RAVI KARIA (Querist)
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11 November 2010 Dear Friends

Happy Diwali

Kindly suggest
Can a Company cancel its earlier Ordinary resolution passed for increasing Authroised Share Capital.

can we modify the said resoluiton by reducing the authorised share capital

udit sharma

udit sharma (Expert)
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11 November 2010 In my opinion u can not cancel but can modify previous resolution passed for increasing the Authorised Capital of the Company........

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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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11 November 2010 Pl see http://www.feeleminds.com/forum/viewtopic.php?f=2&t=8806

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RAVI KARIA

RAVI KARIA (Querist)
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11 November 2010 Dear Sir

if we can modify - within how much period we can move a resolution for modification and how?

kinldy suggest

RAVI KARIA

RAVI KARIA (Querist)
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11 November 2010 Kinldy also suggest - will it make any difference if company is listed

udit sharma

udit sharma (Expert)
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12 November 2010 Hi Ravi.....

Kindly let me know that if yours is a Listed Company and u have passed the resolution for increasing the Authorised Capital of the Company and then why your Company is cosidering the proposal to cancel the resolution so passed???????