The Companies Act

Kinds of share capital

Nature of shares or debentures

Numbering of share

Certificate of shares

Voting right

Variation of shareholders‘ right

Calls on shares of same class to be made on uniform basis

Company to accept unpaid share capital, although not called up

Payment of dividend in proportion to amount paid-u

Application of premiums received on issue of shares

Prohibition on issue of shares at discount

Issues of sweat equity share

Issue and redemption of preference shares

Transfer and transmission of securities

Punishment for personation of shareholder

Refusal of registration and appeal against refusal

Rectification of register of members

Publication of authorised, subscribed and paid-up capital

Power of limited company to alter its share capital

Further issue of share capital

Issue of bonus share

Notice to be given to Registrar for alteration of share capital

Unlimited company to provide for reserve share capital on conversion into limited company

Reduction of share capital

Restrictions on purchase by company or giving of loans by it for purchase of its shares

Power of company to purchase its own securities

Transfer of certain sums to capital redemption reserve account

Prohibition for buy-back in certain circumstances

Debenture

Power to nominate


SHARE CAPITAL AND DEBENTURES


Every share in a company having a share capital shall be distinguished
by its distinctive number:

Provided that nothing in this section shall apply to a share held by a person whose name is entered as
holder of beneficial interest in such share in the records of a depository.


LAWGIST

# 45 Numbering of share