Notice Of Extra-Ordinary General Meeting Alteration Of Articles

Gnerally the shares are alloted to subscirbers in the first board meeting aftr incorporation, provided they bring in their share of capital.

Issue of Shares to the Subscribers: 

   Pursuant to section 41 of the Companies Act, 1956, subscribers to the Memorandum of a Company shall be deemed to have agreed to become members of the company.

section 41:

1. The subscribers of the memorandum of a company shall be deemed to have agreed to become members of the company, and on its registration, shall be entered as members in its register of members.
2. Every other person who agrees in writing to become a member of a company and whose name is entered in its register of members, shall be a member of the company.
3. Every person holding equity share capital or company and whose name is entered as beneficial owner in the records of the depository shall be deemed to be a members of the concerned company.



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