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  • Alteration In Capital Under S71 Form

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NOTICE BY LOCAL COMPANY OF ALTERATION IN SHARE CAPITAL UNDER S71 1. NOTICE BY LOCAL COMPANY OF ALTERATION IN SHARE CAPITAL UNDER S71 Step 0: Accessing Notice by Local Company of Alteration in Share.

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An increase, reduction, or any other change in the authorized capital of a company (see share capital). If permitted by the articles of association, a limited company can increase its authorized capital as appropriate.

If authorised by its constitution, a company may alter its share capital in the following ways during a general meeting: Increase share capital by issuing new shares. Convert all or any fully paid up shares into stock. Reconvert stock into fully paid up shares.

Alteration in Share Capital occurs when a company's existing share capital structure is altered. The Alteration in Share Capital Clause must be authorized by the Articles of Association (AOA). The shares of a public firm are subscribed to by the public.

Consolidation is a process by which a company may change the structure of its share capital by amalgamating some or all of its issued shares into shares of a higher nominal value. A consolidation reduces the number of shares that a company has in issue.

Alteration of Capital Clause A company can change its capital clause by the passing of an ordinary resolution in a general meeting.

Procedure for Alteration of Share Capital: Check authority in articles of association. Board resolution for authorising alteration in share capital and amendment in memorandum of association. Board resolution for alteration in articles of association, if share capital clause is also mentioned in articles of association.

Alterations include erasures, charring, indented writing, additional markings, as well as obliterations, while obliterations are the overwriting of text with another substance.

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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