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Power of limited company to alter its share capital.

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.... expedient; (b) consolidate and divide all or any of its share capital into shares of a larger amount than its existing shares, after making application to the Tribunal in such manner as may be prescribed and after obtaining the approval of the Tribunal; (c) convert all or any of its fully paid-up shares into stock, and reconvert that stock into fully paid-up shares of any denomination; (....

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Power of limited company to alter its share capital.