capitalisation clause in article of association

Asif Khan (Taxation executive) (410 Points)

01 October 2009  

dear friends

one of the pvt ltd co wants to issue bonus shares but there is no clause mentioned in the article of association for issuing bonus shares or capitalising profit

pls forward me the format of the clause for capitalisation of profit which i can alter in the articles and also forward me the special resolution to be passed for the same in the egm.