Portuguese translation: fundo de reserva para resgate de capital
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English to Portuguese translations [PRO] Bus/Financial
English term or phrase:capital redemption reserve fund
capital redemption reserve fund = fundo de reserva de resgate de capital?
The Company may upon the recommendation of the Directors by ordinary resolution authorize the Directors to capitalize any sum standing to the credit of any of the Company's reserve accounts (including share premium account and CAPITAL REDEMPTION RESERVE FUND) or any sum standing to the credit of profit and loss account or otherwise available for distribution and to appropriate such sum to Members in the proportions in which such sum would have been divisible amongst them had the same been a distribution of profits by way of dividend and to apply such sum on their behalf in paying up in frill unissued shares for allotment and distribution credited as fully paid up to and amongst them in the proportion aforesaid.