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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Uniform Share Calls Required Under Section 91 of Companies Act 1956 to Ensure Fair Treatment of Shareholders</h1> Section 91 of the Companies Act, 1956, mandates that any calls for additional share capital must be made uniformly across all shares within the same class. It specifies that shares of the same nominal value but with different paid-up amounts are not considered to be in the same class for the purpose of these calls. This ensures equitable treatment of shareholders within a class when additional capital is required.
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