Share capital - Further issue ‑ Institutions specified by Central Government for the purposes of clause (b) of the proviso to section 81(3)(b) - SO 2577, - Companies Law
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Specified institutions for further issue of share capital enable preferential allotment under Companies Act regime. The Central Government, under the proviso to section 81(3)(b) of the Companies Act, 1956, specifies a list of public financial institutions, insurance corporations and named finance companies as eligible for the purposes of clause (b) of the proviso governing further issues of share capital, thereby clarifying which entities qualify under that proviso for allotment in further issues.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Specified institutions for further issue of share capital enable preferential allotment under Companies Act regime.
The Central Government, under the proviso to section 81(3)(b) of the Companies Act, 1956, specifies a list of public financial institutions, insurance corporations and named finance companies as eligible for the purposes of clause (b) of the proviso governing further issues of share capital, thereby clarifying which entities qualify under that proviso for allotment in further issues.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
