Question

A scheme of reconstruction involving
must be authorized by the
companies articles approved by a
special resolution by the
shareholders of the company; and
confirmed by the High-
Court/Tribunal. *
O
variation of shareholders' rights
O Reduction of share capital
O Alteration of share capital
O comromise/arrrangement​

Answer 1

Answer:

company can make alteration in its share capital if it is authorized by its Articles of Association. 1.2.3. Variation of Shareholders Rights ...