Draft Resolution For Alteration of Capital Clause of MOA

Resolution-Alteration-Capital-Clause-MOA

Draft Resolution For Alteration of Capital Clause of MOA

"RESOLVED THAT pursuant to the provisions of Section 13 and all other applicable provisions, if any, of the Companies Act, 2013 and rules made there under the Memorandum of Association of the Company be altered by substituting the following as new Clause 5 in place of the existing Clause 5 thereof:

"5. The Authorised Share Capital of the Company is RS._________ (Rupees _____ only) divided into __________ (_______ only) Equity Shares of Rs.___ (Rupees ___ only) each and ______ (_________ only) ___% Redeemable Cumulative Preference Shares of Rs.____ (Rupees ______ only) each."

FURTHER RESOLVED THAT ___________ of the Company be & is hereby authorized to do all necessary acts & deeds as may be required for giving effect to the above resolution.
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Nelma Lumme
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July 21, 2017 at 8:39 AM delete

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