non voting shares

[RAM AVTAR]

what is the procedure of issue of non voting equity shares

[Surender Gupta]

You may find your answer in:

Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001

 read with

Section 86 of Companies Act, 1956

AI Summary

Non-voting equity shares governance: issuance procedure governed by company law rules and statutory provisions on differential voting rights. Issuance of non-voting equity shares is governed by the Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001 read with Section 86 of the Companies Act, 1956; compliance with those rules and statutory conditions is required for creation and allotment of shares with unequal voting rights.