单词 | alteration of share capital |
释义 | alteration of share capital alteration of share capital An increase, reduction, or any other change in the share capital of a company. If permitted by the articles of association, a limited company can increase its capital as appropriate. It can also rearrange its existing capital and cancel unissued shares. The requirement for a company to specify its maximum authorized share capital was removed under the Companies Act 2006. See alsoreduction of capital. |
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