TMI BlogConsolidation of share capital and division of consolidated share capital into shares of smaller denominationX X X X Extracts X X X X X X X X Extracts X X X X ..... >Letter : No. 40/3/71‑CL‑III, dated 21‑7‑1975. Subject:- Consolidation of share capital and division of consolidated share capital into shares of smaller denomination The Dep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thereby. In the circumstances, there is no need for Form No. 5 or Form No. 6. The company should, however, move the court under section 391 since a reorganisation of share capital will be an arrangeme ..... X X X X Extracts X X X X X X X X Extracts X X X X
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