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Alteration of share capital
1. Alternation of Share Capital & Internal
Reconstruction
Dr.A.Vini Infanta
Department of B.Com PA
Sri Ramakrishna College of Arts &
Science.
2. There 2 types of Altering the share capital of the
company
Alterations which doesn’t require the approval of
the court
Alterations which require prior approval from the
court
3. Increase the share capital by issue of new shares.
Consolidate all or a part of existing shares of
smaller denomination into shares of Larger
amounts.
Subdivide all or a part of existing shares of Larger
denomination into shares smaller of amounts.
Convert all or any part of fully paid up shares into
stock or vice versa
Cancel of unissued share capital.