https://www.taxtmi.com/acts?id=12385 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. en-us Sat, 07 May 2011 16:32:10 +0530 Sat, 07 May 2011 16:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12385 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. Act-Rules Companies Law Sat, 07 May 2011 16:32:10 +0530 https://www.taxtmi.com/acts?id=12385