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Share Capital and Types of Shares — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares2 Marks
Question
State the provisions to increase authorised share capital.
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Answer

To increas authorised capital (i) There should be provision in Articles of Association. (ii) Consent is essential in the shareholder’s meeting and resolution is to passed.

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