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Alteration of Share Capital in United Kingdom

Definition of Alteration of Share Capital

In accordance with the work A Dictionary of Law, this is a description of Alteration of Share Capital : An increase, reduction (See reduction of capital), or any other change in the *authorized capital of a company. If permitted by the *articles of association, a limited company can increase its authorized capital as appropriate. It can also rearrange its existing authorized capital (e.g. by consolidating 100 shares of £1 into 25 shares of £4 or by subdividing 100 shares of £1 into 200 of 50p) and cancel unissued shares. These are reserved powers (See general meeting), exercised – unless the articles of association provide otherwise – by an *ordinary resolution.

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(2015, 01). Alteration of Share Capital lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/alteration-of-share-capital/

01 2015. 07 2021 <https://lawi.org.uk/alteration-of-share-capital/>

"Alteration of Share Capital" lawi.org.uk. lawi.org.uk, 01 2015. Web. 07 2021. <https://lawi.org.uk/alteration-of-share-capital/>

"Alteration of Share Capital" lawi.org.uk. 01, 2015. Accesed 07 2021. https://lawi.org.uk/alteration-of-share-capital/

Agostino Von Hassell, 'Alteration of Share Capital' (lawi.org.uk 2015) <https://lawi.org.uk/alteration-of-share-capital/> accesed 2021 July 29

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  • Article Name: Alteration of Share Capital
  • Author: Agostino Von Hassell
  • Description: Definition of Alteration of Share Capital In accordance with the work A Dictionary of Law, this is a description of [...]

This entry was last updated: January 16, 2015

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