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of <h1>India's 2001 Rules: Conditions for Issuing Shares with Differential Voting Rights Explained</h1> The Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001, established by the Government of India, outline conditions under which companies can issue shares with differential voting rights. These conditions include having distributable profits for the past three years, no defaults in filing annual accounts, and no failure to repay deposits or redeem debentures. The company's Articles of Association must authorize such issuance, and there must be no convictions under specific financial regulations. Shareholder approval is required, and shares with differential voting rights cannot exceed 25% of total issued share capital. A register of differential rights must be maintained.
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