Splitting of shares
This query is : Resolved
06 September 2011
Hi all,
can we pass circular resolution for splitting of share of a company or Board resolution is required.
Regards,
Surya
can we pass circular resolution for splitting of share of a company or Board resolution is required.
Regards,
Surya
06 September 2011
Yes you can pass circular resolution. But you have to ensure documentation and compliance with section 289 which deals about passing of resolution by circulation.
RG
RG
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