public limited company has issued all the shares mentioned in its Memorandum as Authorized Capital. Now the Company wants to make a public issue of 1,000 shares at face value of 200 Per share, to raise more funds for its expansion activities. a) Which clause of Memorandum needs to be altered? b) In which meeting the alteration can be approved? c) Which document should the company issue to invite the public to buy its shares?
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a) Which clause of Memorandum needs to be altered?
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