12 May 2021

Section 49, of The Companies Act 2013

Section 49, of The Companies Act 2013

Calls on Shares of Same Class to be Made on Uniform Basis                                               Notified Date of Section: 12/09/2013

 

49. Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that class.

Explanation.—For the purposes of this section, shares of the same nominal value on which different amounts have been paid-up shall not be deemed to fall under the same class.