Single format · FV02-E1-3

Board resolution and ordinary resolution, cancellation of unissued share capital

A single format from the Sub-division, Consolidation and Cancellation pack. s.61(1)(e) with s.61(2) · s.64.

Length
2 pages
Blanks to fill
23
Files
Word and PDF
Law stated to
12 September 2026

What it covers

  1. 1Board resolution and ordinary resolution, cancellation of unissued share capitals.61(1)(e) with s.61(2) · s.6423 blanks

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The first part of the format, as it downloads. Blanks are highlighted.

Extract from the minutes of the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the Board meeting]

CANCELLATION OF UNISSUED SHARE CAPITAL AND DIMINUTION OF THE AUTHORISED SHARE CAPITAL

The Chairman informed the Board that the authorised share capital of the Company is Rs [Authorised share capital before the cancellation (Rs)] divided into [____] equity shares of Rs [Face value of each equity share (Rs)] each [and [____] preference shares of Rs [__] each], and that of the said authorised capital [Authorised equity shares not taken by anyone (number)] equity shares of Rs [Face value of each equity share (Rs)] each, aggregating Rs [Total value of those unissued shares (Rs)], have not been taken or agreed to be taken by any person.

13 more paragraphs and tables follow in the full format.

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