Webb21 sep. 2024 · Consolidation of existing shares into shares of larger amounts. Conversion of fully paid shares into stock or vice versa. Cancellation of unissued shares. Alteration of the Liability Clause The alteration of the Liability … Webb28 maj 2016 · It must issue shares and after they are fully paid up, convert them into stock. So, section 64 of the Companies Act, 2013 seeks to provide for the companies to give notice to the registrar of alteration or increase of share capital along with an altered memorandum. (a) a company alters its share capital in any manner specified in section …
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