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Board Resolution For Increase In Paid Up Capital
"Need a Board Resolution For Increase In Paid Up Capital to raise our Singapore company's paid-up capital from SGD 100,000 to SGD 500,000 through cash injection, to be implemented by March 2025 for our expansion into regional markets."
1. Title and Date: Specifying company name and date of resolution
2. Attendance Details: List of directors present and quorum confirmation
3. Preamble: Current capital structure and reason for increase
4. Resolution Details: Specific resolution for capital increase including amount and method
5. Authorization: Directors authorized to execute necessary documents
6. Closure: Signature block for chairman/company secretary
1. Share Class Details: Required when creating new share classes or modifying rights
2. Payment Terms: Include when specifying payment schedule for new shares
3. Shareholder Rights: Required when modifying existing shareholder rights
1. Share Allotment Details: List of shareholders and their new shareholdings
2. ACRA Forms: Copies of required regulatory forms
3. Supporting Documents: Bank statements, valuation reports if applicable
Authors
Board of Directors
Existing Paid-Up Capital
Increased Paid-Up Capital
Resolution Date
Effective Date
Share Capital
Ordinary Shares
New Shares
Companies Act
ACRA
Articles of Association
Constitution
Authorized Capital
Directors
Company Secretary
Consideration
Share Premium Account
Allotment
Shareholders
Governing Law
Business Day
Meeting Details
Quorum Confirmation
Capital Increase
Share Allotment
Payment Terms
Share Class Rights
Authorization
Implementation
Director Powers
Filing Requirements
Regulatory Compliance
Share Certificate Issuance
Record Keeping
Execution Authority
Administrative Actions
Company Secretary Instructions
Certification
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