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In accordance with Section 108 of the Companies Act 2006. SH19 Statement of capital This form is only to be used to accompany an application to re-register from unlimited to limited, not for a reduction.

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(For example, if the shares are of face value of INR 100 each of which INR 75 has been paid, the company may reduce them to INR 75 fully paid-up shares and thus relieve the shareholders from liability on the uncalled capital of INR 25 per share); or.

Reduction of share capital means the reduction of issued, subscribed and paid-up capital of the Company. The reduction of capital is mainly done by companies for producing a more efficient capital structure.

This form can be used as a statement of capital by a private limited company reducing its capital supported by a solvency statement. You can also use this form for a private or public limited company reducing its capital supported by a court order.

Whilst there is not a specific form available to rectify mistakes made on forms SH02-SH19, it is still possible to file a correction. Complete the relevant form (I.e. SH02, SH19 etc) with the correct details. ... Please mark the completed form with 'Amended' using a pencil on the top. Send to Companies House.

A share capital reduction using a SH19 is an allowed way for limited companies to reduce their share capital without the need to meet the requirements to purchase own shares and immediately cancel them.

Capital reductions are generally done through share cancellations, paid-back capital, or share repurchases (buybacks). Companies do capital reductions for a variety of reasons, such as for increasing shareholder value or producing a more efficient capital structure.

The issue of reduction of capital is a matter of domestic concern, one for the decision of the majority, of the shareholders of the company. In other case it was held that reduction of the share capital of a company is a domestic concern of the company and the decision of the majority would prevail.

Note that Form SH19 (statement of capital) should be completed and filed in ance with section 644 of the Companies Act 2006, notwithstanding that for a reduction of the share premium account, the number of shares will remain unchanged and there is nowhere on the form to show the change to the reserve being ...

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232