Calls on shares of same class to be made on uniform basis. Company to accept unpaid share capital, although not called up. Section 49 and 50 of Indian Companies Act 2013

Calls on shares of same class to be made on uniform basis and Company to accept unpaid share capital, although not called up are defined under Section 48 and 49 of Indian Companies Act 2013. Provisions under this section is:

Section 49 of Indian Companies Act 2013 "Calls on shares of same class to be made on uniform basis"

 


Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that class.

Explanation.—For the purposes of this section, shares of the same nominal value on which different amounts have been paid-up shall not be deemed to fall under the same class.

Section 50 of Indian Companies Act 2013 "Company to accept unpaid share capital, although not called up"

(1) A company may, if so authorised by its articles, accept from any member, the whole or a part of the amount remaining unpaid on any shares held by him, even if no part of that amount has been called up.

(2) A member of the company limited by shares shall not be entitled to any voting rights in respect of the amount paid by him under sub-section (1) until that amount has been called up.

What is Global depository receipt? What is Offer or invitation for subscription of securities on private placement? Section 41 and 42 of Indian Companies Act 2013

SHARE CAPITAL AND DEBENTURES

What are the kinds of share capital? Section 43 of Indian Companies Act 2013

What is the Nature of shares or debentures? What is Numbering of shares? What is  Certificate of shares? Section 44, 45 and 46 of Indian Companies Act 2013

What is Voting rights? What is variation of shareholders rights? Section 47 and 48 of Indian Companies Act 2013

Calls on shares of same class to be made on uniform basis. Company to accept unpaid share capital, although not called up. Section 49 and 50 of Indian Companies Act 2013

What is Payment of dividend in proportion to amount paid up? What is Application of premiums received on issue of shares. Section 51 and 52 of Indian Companies Act 2013

What is Prohibition on issue of shares at discount? What is the procedure for Issue of sweat equity shares? Section 53 and 54 of Indian Companies Act 2013

What is the rule for Issue and redemption of preference shares? Section 55 of Indian Companies Act 2013

What are the conditions for Transfer and transmission of securities? Section 56 of Indian Companies Act 2013

What is the Punishment for personation of shareholder? What is the Refusal of registration and appeal against refusal? Section 57 and 58 of Indian Companies Act 2013

What is Rectification of register of members and punishment for violation? What is Publication of authorised, subscribed and paid-up capital? Section 59 and 60 of Indian Companies Act 2013

 

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