Web2. Appraisal report by authorized appraiser (not more than 6 month old). If the property is imported, valuation report (with description of the property) by the Bangko Sentral Ng Pilipinas. 3. Deed of Assignment g. Shares of stock 1. Detailed schedule of the shares of stock showing the stockholder, stock certificate WebCapital Stock Types . It can be divided into the following types: Authorized = Authorized Capital represents the maximum share capital Share Capital Share capital refers to the …
Authorized Shares: Everything You Need to Know - UpCounsel
WebFeb 3, 2024 · Generally, some part of the authorized stock remains unissued. The authorized share capital of the company can be changed by obtaining the approval of its shareholders. ... The stamp duty in India ranges from 0.15% to 0.20% of the increase in authorized stock subject to a maximum amount of stamp duty, which varies according to the provincial ... WebThe initial authorized nominal capital stock and any subsequent authorized capital stock of the Agency may be increased by a resolution of the General Meeting adopted by a two-thirds majority vote of the Members who are present and eligible to vote. Any increase of the authorized capital stock of the Agency shall be undertaken in compliance ... grandfather mountain banner elk nc
Authorized Share Capital: Definition, Example, and Types
WebHowever, under Section 10 of the SRC, sale of unissued shares and sale from the increase in the authorized capital stock of a corporation are considered as exempt transactions. Thus, the said shares need not be registered, to wit: “SEC. 10. Exempt Transactions. – 10.1. The requirement of registration under Subsection 8.1. shall not apply to ... WebBasic Requirements: 1. Cover Sheet: 2. Certificate of Decrease of Capital Stock: 3. Directors’ Certificate – a notarized document signed by majority of the directors and Corporate … WebNov 10, 2024 · Authorized share capital is a broad term. It is used to describe every stock share a company could issue. Typically, this is divided into three categories. Paid-up Capital – these are shares issued in return for payment received from shareholders. Subscribed Capital – shares a company has a commitment from shareholders to purchase in the ... grandfather mountain bridge tickets