Reduction of Share Capital by Special Resolution
1. Pass Special Resolution for Capital Reduction
2. Lodge a copy of the special resolution within 14 days after the passing with ACRA for publication/notification 3. Lodge Statement of Directors with ACRA
4. Lodge Solvency Statement with ACRA
5. File transaction to update the share capital and the shareholdings at least 6 weeks after the Special Resolution reduction.
For enquiries on share matters, please contact Bestar.