Generally, you spend about 5 hours every week searching for a file you require. 18 minutes more you are trying to locate it in your managing program. DocHub allows you to save valuable time and have each document you want within your reach. Gain access to DOC Share Certificate Templates in a single click and concentrate on activities that matter the most.
DocHub transforms usual file managing and alleviates tiresome file search processes. Get all functions and features of document workflow at your fingertips, no extra software is needed. Start your free DocHub trial right now.
There has been uncertainty regarding the transitional status and treatment of shares under the Companies Act. To issue shares, a company must ensure its Memorandum of Incorporation (MOI) specifies the classes and number of shares authorized. Additionally, the MOI must outline the preferences, rights, limitations, and other terms for each class of shares. Changes to the number of authorized shares or the terms associated with these shares can only be made through an amendment of the MOI, which requires a board resolution. This allows the company to increase or decrease the number of authorized shares or to reclassify shares and amend the terms for those that are authorized but not yet issued.