Quick Query






    User Log in

Unlimited company to provide for reserve share capital on conversion into limited company

An unlimited company having a share capital may, by a resolution for registration as a limited company under this Act, do either or both of the following things, namely—

 

(a)   increase the nominal amount of its share capital by increasing the nominal amount of each of its shares, subject to the condition that no part of the increased capital shall be capable of being called up except in the event and for the purposes of the company being wound up;
(b)   provide that a specified portion of its uncalled share capital shall not be capable of being called up except in the event and for the purposes of the company being wound up.
News
Taxation Services
  • We offer comprehensive manual or computerized bookkeeping system

Audit Assurance Services
  • We offer comprehensive manual or computerized bookkeeping system

Company Formation Services
  • We offer comprehensive manual or computerized bookkeeping system

Accounting Outsourcing
  • We offer comprehensive manual or computerized bookkeeping system