notice - 15 12 2008 -increase in auth capital

7/28/2019 Notice - 15 12 2008 -Increase in Auth Capital

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NOTICE

Notice is hereby given that an Extra Ordinary General Meeting of the members ofM/s J. P. Financial Services Pvt. Ltd. will be held on Thursday, the 15 th day of

January, 2009 at 11.00 A.M. at the Registered office of the Company, to transact the

following business:

SPECIAL BUSINESS:

1. To consider, and if thought fit, to pass with or without modification, the following

resolution as a Special Resolution:

RESOLVED THAT pursuant to the provisions of Section 94 and otherapplicable provisions, if any, of the Companies Act, 1956 the Authorised Share

Capital of the Company be increased from Rs. 70,00,000 (Rupees seventy lacs)divided into 7,00,000 Equity Shares of Rs. 10/- each to Rs. 11,00,00,000 (Rupees

eleven crores) divided into 1,10,00,000 Equity Shares of Rs. 10/- each by creation

of 1,03,00,000 Equity Shares of Rs. 10/- each and that Clause V of theMemorandum of Association of the Company be altered and be substituted by the

following:

Clause V of Memorandum of Association

The Authorised Share Capital of the company is Rs.11,00,00,000/- (Rupees

eleven crores only) divided into 1,10,00,000 Equity Shares of Rs.10/- each withrights, privileges and conditions attaching thereto as provided in the Articles of

Association of the Company for the time being with power to increase and reduce

the capital of the Company and to divide the shares in the capital for the time

being into several classes and attach thereto respectively such preferentialqualified or special rights, privileges or conditions as may be determined by or in

accordance with the Articles of Association of the Company for the time being to

vary, modify and / or abrogate and such rights, privileges and conditions in suchmanner as may be permitted by the Act or provided by the Articles of Association

of the Company for the time being subject to the provisions of the Companies

Act, 1956.

2. To consider, and if thought fit, to pass with or without modification, the following

resolution as a Special Resolution:

RESOLVED THAT pursuant to Section 31 and all other applicable provisions, if

any, of the Companies Act, 1956, Article 3(a) of the Articles of Association of the

Company be substituted by the following Article:


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Clause 4 of the Articles of Association:

The Authorised Share Capital of the company is Rs.11,00,00,000/- (Rupeeseleven crores) divided into 1,10,00,000 Equity Shares of Rs.10/- each.

Regd. Office :

P46A, Radha Bazar Lane By Order of the Board of Directors

Kolkata 700 001

Dated: the 15th day of December, 2008

K P Prabhakaran

Director

NOTES :

1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS

ENTITLED TO APPOINT ONE OR MORE PROXIES TO ATTEND AND VOTE ON

A POLL INSTEAD OF HIMSELF/HERSELF AND THE PROXY NEED NOT BE A

MEMBER OF THE COMPANY. PROXIES, IN ORDER TO BE EFFECTIVE, MUST

BE DEPOSITED AT THE REGISTERED OFFICE OF THE COMPANY NOT LESS

THAN 48 HOURS BEFORE THE COMMENCEMENT OF THE MEETING.

2. Members and/or Proxies should bring the attendance slips duly filled in at the meeting to

avoid any inconvenience.


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EXPLANATORY STATEMENT PURSUANT TO SEC 173 (2) OF THE

COMPANIES ACT, 1956

Item No. 1

To make provision for further issue of Share Capital, the authorized share capital of the

Company is being proposed to be increased from Rs. 70,00,000 (Rupees seventy lacs)

divided into 7,00,000 Equity Shares of Rs. 10/- each to Rs. 11,00,00,000 (Rupees elevencrores) divided into 1,10,,00,000 Equity Shares of Rs. 10/- each. Accordingly,

Shareholders approval is being sought to alter Clause V of the Memorandum ofAssociation and Article 3(a) of the Articles of Association of the Company. A copy of the

Memorandum and Articles of Association of the Company together with the proposed

alterations is available for inspection by the members of the Company at its Registeredoffice between 11 a.m. to 1 p.m. on any working day of the Company.

The Board recommends the Resolution for your approval.

None of the Directors of the Company is deemed to be concerned or interested in the

proposed resolution except as shareholders.

Regd. Office :

P46A, Radha Bazar Lane By Order of the Board of Directors

Kolkata 700 001

Dated: the 15th day of December, 2008

K P Prabhakaran

Director

notice - 15 12 2008 -increase in auth capital

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