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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Conversion of debentures to shares alters the memorandum and increases nominal share capital by government direction.</h1> Where the Central Government directs conversion of debentures or loans into shares, the company's nominal share capital stands increased by the value of the shares issued on conversion and the memorandum's conditions stand altered; similarly, on application by a public financial institution, the Government may direct such alteration and increase. The Government sends the order to the Registrar and the company, the company must file the prescribed return within the stipulated period, and the Registrar shall effect the necessary alterations in the memorandum.

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