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of <h1>Companies Act: Equity Shares Can Have Voting or Differential Rights per Amendment Act 2000 Rules.</h1> The Companies Act, 1956, as amended, stipulates that a company limited by shares can issue only two types of share capital: equity share capital and preference share capital. Equity share capital can either have voting rights or differential rights regarding dividends, voting, or other conditions as prescribed by rules. This provision was updated by the Companies (Amendment) Act, 2000, to include the option for equity shares with differential rights, subject to specific rules and conditions.
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