NOTES ON EFFECTIVE PROVISIONS OF COMPANIES ACT 2013

Posted on February 27, 2014 | Leave a comment

Page 23

CALL ON SHARE OF SAME CLASS TO BE MADE ON UNIFORM BASIS [SECTION 49]

Any call for any further share capital shall be made on a uniform on all shares falling under that class.

These classes may differ due to different date of issues, voting or other differential right, or due to different amount as paid – up.

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