Kinds of share capital.

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....rights; or            (ii) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be prescribed; and      (b) preference share capital:           Provided that nothing contained in this Act shall affect the rights of the preference shareholder....

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.... be free of or subject to income-tax; and           (b) repayment, in the case of a winding up or repayment of capital, of the amount of the share capital paid-up or deemed to have been paid-up, whether or not, there is a preferential right to the payment of any fixed premium or premium on any fixed scale, specified in the memorandum or articles of the co....