SHARE, FINANCIAL STRUCTURE AND MEMBERSHIP – II. ALTERATION SHARE CAPITAL. Section 94 of the Companies Act, 1956 that the company provide limited by share or guarantee and may having share capital, if so authorized by its alter articles , by an resolution which is ordinary, in the following ways its …
Members. Members: A company is composed of members though it has distinct own entity from members. The company members are the persons who, for the time being the company constitute as a entity of corporate. Financial structure and membership VII membership in a company. Who are members? A company is …