Share Capital and Debentures

According to Companies Act 2013 after issued a prospectus   company can issued shares  or debentures in public.

43.Kinds of share capital.

44.Nature of shares or debenture.

45.Numbering of shares.

46.Certificate of shares.

47.Voting rights.

48.Variation of shareholders’ rights.

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

50.Company to accept unpaid share capital, although not called up.

51.Payment of dividend in proportion to amount paid – up.

52.Application of premiums received on issue of shares.

53.Prohibition on issue of shares at discount.

54.Issues of sweat equity of shares.

55.Issue and redemption of preferences shares.

56.Transfer and transmission of securities.

57.Punishment for personation of shareholder.

58.Refusal of registration and appeal against refusal.

59.Rectification of register of members.

60.Publication of authorised, subscribed and paid – up capital.

61.Power of limited company to alter its share capital.

62.Further issue of bonus shares.

63.Issue of bonus shares.

64.Notice to be given to registrar for alteration of share capital.

65.Unlimited company to provide for reserve share capital on conversation into limited company.

66.Reduction of share capital.

67.Restriction on purchase by company or giving of loans by it for purchase of its shares.

68.Power of company to purchase its own securities.

69.Transfer to certain sums to capital redemption reserve account.

70.Prohibition for buy – back in certain circumstances.

71.Debuntures.

72.Power to nominate.