Statement of Capital

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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February 28, 2015 at 7:30 pm #230812
gabbi08
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Hi Sir,

On my understanding Statement of capital is made when the company is registered and made to the registrar and it contains some details in respect of the share capital.
My question is:
Should the statement of capital be changed and send to registrar when the company increases the capital issuing bonus share or share capital?

Thanks

Gabbi
February 28, 2015 at 7:40 pm #230814
MikeLittle
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The Registrar should be notified when new shares are issued whether that issue is by way of bonus, rights or new shares

The answer to your question therefore would appear to be “Yes”!
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