Changes-Increase - Reduction in Share Capital

Increase - Reduction in Company Share Capital

Increase in Share Capital

Requirements for filing of notice of increase in authorised share capital include:
• special resolution for increase in share capital signed by a director and secretary or 2 directors
• duly stamped form for notice of increase in authorised share capital
• updated annual returns filing

Note:
Notice of increase in share capital shall be filed with the Commission within 15 days of passing the resolution

Reduction in Share Capital

Requirements for filing of notice of reduction of authorised share capital include:
• special resolution for reduction in share capital signed by a director and secretary or 2 directors and stating the mode of
reduction
• certified true copy of Court order sanctioning the reduction of share capital
• evidence of publication of notice of reduction of share capital if directed by Court [where applicable]

• duly stamped Memorandum and Articles of Association reflecting reduced share capital
• updated annual returns filing
 
Note:
Notice of reduction in share capital shall be filed with the Commission within 15 days of the court order confirming the reduction

Complete the online Application Request Form.

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