Section 61 of CA 2013 : Section 61: Power Of Limited Company To Alter Its Share Capital

CA 2013

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Explanation using Example

Imagine XYZ Tech Pvt. Ltd. is a limited company with an authorised share capital of $1 million, divided into 100,000 shares of $10 each. The directors want to expand the business and need additional funds for the expansion. To raise the funds, they decide to increase the authorised ...

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