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CEP NO PAR VALUE & ISSUANCE OF SHARES AND OTHER SECURITIES COURSE INTRODUCTION The new Companies Act 2016 introduces a new regime for share capital to be issued without a par or nominal value. Authorized
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No par value amp refers to a document that indicates the number of shares authorized and issued by a company without a designated par value.
Companies that issue shares without a designated par value are required to file a no par value amp.
To fill out a no par value amp, companies must provide information regarding the authorized and issued shares without a designated par value.
The purpose of a no par value amp is to document the issuance of shares without a designated par value by a company.
The information reported on a no par value amp typically includes the number of authorized and issued shares without a designated par value.
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