Question
The share capital of a company limited by shares shall
be of two kinds________________________Solution
Explanation: Section 43. Kinds of share capital: The share capital of a company limited by shares shall be of two kinds, namely:— (a) equity share capital— (i) with voting right ; 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.
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