Sample Share Purchase And Share Holder Agreement Page 73
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77(ii)
Change in the name of the Company.
(iii)
Any change in the authorized or issued capital of the Company.
(iv)
Any change in the Financial Year of the Company.
(v)
Any increase, reduction or issue of the share capital of the Company or other
changes in the Company’s capital structure including, but not limited to, a rights issue,
issue of Equity Shares to non-members, the creation or issue of Equity Shares or any
other security {for this item no. (iv) the term ‘security’ shall have the meaning given to
such term under the Securities (Contract) Regulation Act, 1956}, or the creation, issue or
grant of any option, warrant or similar right to acquire Equity Shares or other
security(ies) of the Company, any split of the Equity Shares or variation of the rights
attached to the Equity Shares or other security(ies) of the Company.
(vi)
Conversion of loans or debentures into Equity Shares and the terms and
conditions of the issue under which such conversion may be made.
(vii)
Commence any new line of business and/ or discontinue existing line of
business.
(viii)
Keep registers and returns at any place other than the city where the
registered office is situated.
(ix)
The approval of the annual audited accounts of the Company.
(x)
Any determination that the Transfer of any Equity Shares has been made in
accordance with the provisions of this Agreement.
(xi)
The taking of any steps to wind-up or terminate the corporate existence of
the Company or entering into any arrangement with the creditors of the Company.
(xii)
The approval of any dividends or distributions by the Company and/or the
allocation of its post-tax profits.
(xiii)
The making, directly or indirectly, of loans or advances in any Financial Year
in excess of Rs. _____(Rupees ____only) to any Person other than in the ordinary course
of business of the Company.
(xiv)
Obtaining directly or indirectly, of loans or advances in any Financial Year in
excess of Rs. ______/- (Rupees ______ only).
(xv)
The entering into of an amalgamation, merger or consolidation with any other
company or body corporate.
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