Alteration of share capital: minute must record new authorised capital and detailed issued-share identification requirements. The minute must state the company's new authorised capital divided into shares of specified nominal value, note any reduction where ordered, and declare the number of shares issued at registration as fully paid while identifying unissued shares. It must list serial numbers for issued shares and distinguish partly paid shares by serial number and amounts paid, as well as serial numbers of shares with calls in arrears and forfeited shares.
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.
Alteration of share capital: minute must record new authorised capital and detailed issued-share identification requirements.
The minute must state the company's new authorised capital divided into shares of specified nominal value, note any reduction where ordered, and declare the number of shares issued at registration as fully paid while identifying unissued shares. It must list serial numbers for issued shares and distinguish partly paid shares by serial number and amounts paid, as well as serial numbers of shares with calls in arrears and forfeited shares.
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