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45 Numbering of shares.

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CHAPTER IV

Section 45 of Companies Act 2013

Every share in a company having a share capital shall be distinguished by its distinctive number:

Provided that nothing in this section shall apply to a share held by a person whose name is entered as holder of beneficial interest in such share in the records of a depository.

Short Notes:

  • This section came into force from September 12, 2013.
  • It seeks to provide that every share in a company having a share capital shall be distinguished by distinctive number.
  • This section does not apply to shares held with the depository.

 

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