TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Classification of share capital under s.43: equity shares, preference shares, voting rights and preferential rights explained</h1> Share capital of a company limited by shares is classified into equity share capital and preference share capital. Equity share capital includes all share capital that is not preference capital and may carry voting rights or differential rights regarding dividend, voting, or otherwise, as per prescribed rules. Preference share capital is that portion of issued share capital with preferential rights to fixed or rate-based dividends and preferential repayment of paid-up capital (and any specified premium) on winding up. Capital remains preference capital even if it also participates, fully or partially, in surplus dividends or surplus capital with non-preference capital. Existing winding-up participation rights of preference shareholders are preserved.
TaxTMI 
TaxTMI 
