Key points
Allotment creates shares, transfer changes ownership, conversion changes class and redenomination changes currency. Updating paid-up capital instead records payment on existing partly paid shares. Buybacks, treasury-share transactions and reductions have distinct conditions. For private companies, the electronic register update is important to when specified transactions take effect. Identify the event accurately before selecting the Bizfile service.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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