alteration of share capital

alteration of share capital
An increase, reduction, or any other change in the authorized share capital of a company. If permitted by the articles of association, a limited company can increase its authorized capital as appropriate. It can also rearrange its existing authorized capital (e. g. by consolidating 100 shares of £1 into 25 shares of £4 or by subdividing 100 shares of £1 into 200 of 50p) and cancel unissued shares. These are reserved powers, passed - unless the articles of association provide otherwise - by an ordinary resolution.

Big dictionary of business and management. 2014.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Alteration of Memorandum — The clause in the Memorandum of Association containing the objects of the company can be changed by special resolution. There is no mechanism to change other provisions, such as the name, share capital and so forth in the Memorandum of… …   Law dictionary

  • statement of capital — United Kingdom As required by the Companies Act 2006, a company must file a statement of capital with the Registrar of Companies on formation, with the annual return and following an alteration of share capital. The statement must include… …   Law dictionary

  • ИЗМЕНЕНИЕ АКЦИОНЕРНОГО КАПИТАЛА — (alteration of share capital) Увеличение, сокращение или любое иное изменение уставного капитала (authorized chare capital) компании (cм.: акционерный капитал (share capital). Компания с ограниченной ответственностью может изменять свой уставный… …   Словарь бизнес-терминов

  • List of Statutory Instruments of the United Kingdom, 2008 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2008. NOTOC 1 100* Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2008 S.I. 2008/3 * Information as to Provision of Education… …   Wikipedia

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Switzerland — /swit seuhr leuhnd/, n. a republic in central Europe. 7,248,984; 15,944 sq. mi. (41,294 sq. km). Cap.: Bern. French, Suisse. German, Schweiz. Italian, Svizzera. Latin, Helvetia. * * * Switzerland Introduction Switzerland Background: Switzerland s …   Universalium

  • nationalization — See nationalize. * * * ▪ economic policy       alteration or assumption of control or ownership of private property by the state. It is historically a more recent development than and differs in motive and degree from “expropriation” or “eminent… …   Universalium

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • Spain — /spayn/, n. a kingdom in SW Europe. Including the Balearic and Canary islands, 39,244,195; 194,988 sq. mi. (505,019 sq. km). Cap.: Madrid. Spanish, España. * * * Spain Introduction Spain Background: Spain s powerful world empire of the 16th and… …   Universalium

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”