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of <h1>Companies Can Alter Memorandum to Modify Share Capital: Issue, Consolidate, Convert, Subdivide, or Cancel Shares Without Court Approval.</h1> A limited company with share capital can alter its memorandum conditions if authorized by its articles. It can increase share capital by issuing new shares, consolidate and divide shares into larger amounts, convert fully paid shares into stock and vice versa, subdivide shares into smaller amounts while maintaining payment proportions, and cancel unissued shares to reduce share capital. These actions must be approved in a general meeting and do not require court confirmation. Cancelling shares under this section is not considered a reduction of share capital under the Act.
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