Question

Object oriented analysis and design for bank management system

Answer 1

which may have consequences in the control of a company or otherwise alter the balance of control between shareholders. Such an issue of shares to new shareholders may also shift the profit distribution balance, for example if new shares are issued at face value and not at market value.

The requirement for a company to have a set authorised capital was abolished in Australia in 2001, and in the United Kingdom, it was abolished under the Companies Act 2006.[1]