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CLAW ICAP + Crescent > Ch# 05 Share capital > Flashcards

Ch# 05 Share capital Flashcards

1
Q

Share Characteristics?

A

CUT FM

Certificate of share
Unique number (Distinctive number)
Transferable

Fully paid
Movable property

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2
Q

Procedure of alteration of ASC in MOA?

A

ASC

Articles
Special resolution
Copy of memorandum

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3
Q

Ways in which ASC may be altered?

A

CDC SIR

Cancel
Divide
Consolidate

Sub-divide
Increase
Rights

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CLAW ICAP + Crescent (7 decks)

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