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Alteration in Capital under S71 Form

Alteration in Capital under S71 Form

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hello and welcome to another post and in this post I am going to speak on alteration of share capital now when we speak of alteration of share capital means alteration of the memorandum now when we speak of alteration of the memorandum this will be an enabling provision in the Articles that allows the shareholders to do so now there are there's two side to it now if such enabling provision is not in place you have to pass a special resolution for such alterations of CheY capital and so however if there is an enabling provision in place you just need to pass an ordinary resolution so this is one of the most important point to be noted whenever you think of a procedure or you think of doing this activity of alteration of Shea Capital so enabling provision is there then you can go by ordinary resolution if any being provision is not the in articles you need to have a special resolution so now let's go into the procedure and what is Shea Capital so when you speak of alteration of Shea capi

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