Complied AIComplied AIBack to law libraryReading nowCompanies Act, 201330 chapters · 517 sections
Chapters30
    • ¶Chapter 4 overview
    • 43Kinds of share capital
    • 44Nature of shares or debentures
    • 45Numbering of shares
    • 46Certificate of shares
    • 47Voting rights
    • 48Variation of shareholders' rights
    • 49Calls on shares of same class to be made on uniform basis
    • 50Company to accept unpaid share capital, although not called up
    • 51Payment of dividend in proportion to amount paid-up
    • 52Application of premiums received on issue of shares
    • 53Prohibition on issue of shares at discount
    • 54Issue of sweat equity shares
    • 55Issue and redemption of preference shares
    • 56Transfer and transmission of securities
    • 57Punishment for personation of shareholder
    • 58Refusal of registration and appeal against refusal
    • 59Rectification of register of members
    • 60Publication of authorised, subscribed and paid-up capital
    • 61Power of limited company to alter its share capital
    • 62Further issue of share capital
    • 63Issue of bonus shares
    • 64Notice to be given to Registrar for alteration of share capital
    • 65Unlimited company to provide for reserve share capital on conversion into limited company
    • 66Reduction of share capital
    • 67Restrictions on purchase by company or giving of loans by it for purchase of its shares
    • 68Power of company to purchase its own securities
    • 69Transfer of certain sums to capital redemption reserve account
    • 70Prohibition for buy-back in certain circumstances
    • 71Debentures
    • 72Power to nominate
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  1. Chapter 4

Chapter 4

Share Capital and Debentures

30 sections (43–72)

  • 43Kinds of share capital
  • 44Nature of shares or debentures
  • 45Numbering of shares
  • 46Certificate of shares
  • 47Voting rights
  • 48Variation of shareholders' rights
  • 49Calls on shares of same class to be made on uniform basis
  • 50Company to accept unpaid share capital, although not called up
  • 51Payment of dividend in proportion to amount paid-up
  • 52Application of premiums received on issue of shares
  • 53Prohibition on issue of shares at discount
  • 54Issue of sweat equity shares
  • 55Issue and redemption of preference shares
  • 56Transfer and transmission of securities
  • 57Punishment for personation of shareholder
  • 58Refusal of registration and appeal against refusal
  • 59Rectification of register of members
  • 60Publication of authorised, subscribed and paid-up capital
  • 61Power of limited company to alter its share capital
  • 62Further issue of share capital
  • 63Issue of bonus shares
  • 64Notice to be given to Registrar for alteration of share capital
  • 65Unlimited company to provide for reserve share capital on conversion into limited company
  • 66Reduction of share capital
  • 67Restrictions on purchase by company or giving of loans by it for purchase of its shares
  • 68Power of company to purchase its own securities
  • 69Transfer of certain sums to capital redemption reserve account
  • 70Prohibition for buy-back in certain circumstances
  • 71Debentures
  • 72Power to nominate
Chapter 3Prospectus and Allotment of SecuritiesChapter 5Acceptance of Deposits By Companies