Change in Share Capital Of Co

When your company envisions growth and expansion, adjusting the share capital becomes a strategic move. Corporate Wheel stands by you to simplify the process, ensuring compliance with the Companies Act of 2013. Here’s how we can assist you:

Why Change Share Capital?

• Expansion and Investment:

  • As your company grows, additional funds may be required for expansion and investments.

• Compliance with Regulations:

  • Changes in share capital must adhere to the procedures outlined in the Companies Act of 2013.

Documents Required:

1. Application Copies:

   • Two additional duplicates of the application.

2. Bank Draft:

   • Bank draft confirming the payment of the request fee.

3. Affidavit:

   • Affidavit authenticating the petition.

4. Proof of New Capital:

   • Credentials in proof of the new capital.

5. Resolutions:

   • Resolutions for permitting, audited balance sheets, and certified copies of shareholder and board resolutions.

6. Modified Articles and Memorandum:

   • Modified Articles of Association and Memorandum of Association.

7. Shareholders Meeting Documents:

   • Duplicate of the resolution delivered at the general meeting, announcement of EGM.

Procedure:

1. Board Notice:

   • Issue a Board notice at least seven days before the meeting, detailing the agenda.

2. Board Meeting:

   • Conduct a board meeting to approve the resolution for changing share capital.

3. Shareholders Meeting Notice:

   • Notify shareholders of the meeting date, time, and location.

4. Shareholders Meeting:

   • Conduct a shareholders’ meeting.

5. Resolution Adoption:

   • Adopt the Resolution with the majority of shareholders’ approval.

6. Registrar Notification:

   • Notify the Registrar of Companies (RoC) of the Change in Share Capital within 30 days.

Why Corporate Wheel?

• Expert Assistance:

  • Corporate Wheel’s accounting professionals offer effective and affordable planning for a successful process.

• Simple & Fast Process:

  • We streamline the procedure, making it simple and efficient.

• Complete Digital Process:

  • Enjoy the convenience of a fully digital process, reducing paperwork.

• Best Price Guarantee:

  • Corporate Wheel ensures competitive pricing for your share capital adjustment needs.

• Hassle-Free Process:

  • Trust Corporate Wheel for a hassle-free and successful conclusion of the share capital adjustment procedure.

Embrace Growth with Corporate Wheel:

As you plan to change your company’s share capital, Corporate Wheel is here to help you navigate the process seamlessly. Ensure compliance, plan effectively, and reap the rewards of growth. Contact us today for expert assistance in your share capital adjustment journey. Choose Corporate Wheel for a simple, fast, and hassle-free experience.