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of <h1>Section 83: Shares in Companies Must Be Numbered, Except Those Held with a Depository Since 1997 Amendment.</h1> Each share in a company with share capital must be distinguished by an appropriate number, as mandated by Section 83 of the Companies Act, 1956. This requirement does not apply to shares held with a depository. This provision was inserted by the Depositories Related Laws (Amendment) Act, 1997, effective from January 15, 1997, replacing the earlier version omitted by the Depositories Act, 1996.
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