Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 43 of Companies Act, 2013: Differentiates Equity and Preference Share Capital with Voting and Dividend Rights Explained.</h1> The Companies Act, 2013, under Section 43, categorizes share capital of a company limited by shares into two types: equity share capital and preference share capital. Equity share capital can either have voting rights or differential rights concerning dividends, voting, or otherwise as prescribed by rules. Preference share capital includes shares with preferential rights regarding dividend payments and capital repayment during winding up. Preference capital retains its status even if it has additional rights to participate in dividends or surplus capital. The Act ensures that the rights of preference shareholders existing before its commencement remain unaffected.