Board ResolutionBoardSection 61(1)(b)Rule 15, Companies (Share Capital and Debentures) Rules, 2014

Consolidation of Share Capital

All companies. Consolidation merges smaller denomination shares into shares of larger face value. Ordinary Resolution by shareholders is required.

Shares move fast in a growing company. Compliance shouldn't be what slows it down. Section 61(1)(b) is the line every share movement has to respect. What that means day to day: consolidation into larger-denomination shares is permitted by ordinary resolution Unless it changes shareholders' voting percentages. This is exactly the kind of resolution Fi CTC Generator was built to make effortless.

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