Corporate Restructuring

A company is likely to engage in corporate restructuring processes during its existence. This includes the reorganisation of the company’s share capital through consolidation or division of shares. These terminologies are under the Companies Act, particularly under Part XXXIV. It refers to a compromise or arrangement between a company and its creditors, or any class […]

The reorganisation of Share Capital

Alteration and consolidation of share capital – Company A company will pass an ordinary resolution to realise its rights to alter the shares of the company – share capital. The ordinary resolution may focus on one or all rights provided – subdivision; or consolidation or division. Sub-division or consolidation of shares: A limited company may […]