| Commentary

192.2 Registration of resolution and supporting documents

| Commentary

192.2 Registration of resolution and supporting documents

Within 15 days after the resolution for reducing share capital is passed, the company must deliver to the registrar a copy of the solvency statement, and a statement of capital1. The statement of capital must state with respect to the company’s share capital as reduced by the resolution2:

  1. 192.2.1

        the total number of shares of the company;

  2. 192.2.2

        the aggregate nominal value of those shares;

  3. 192.2.3

        the aggregate amount (if any) unpaid on those shares (whether on account of their nominal value or by way of premium); and

  4. 192.2.4

        for each class of

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