Which of the following statements is FALSE regarding Share Capital under the Companies Act, 2013? (

Statement I is true – As stated under Section 45 , 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. Note - Per Section 45, distinctive numbers are mandatory, In case of demat shares, instead of distinct numbers, demat shares are identified through electronic records maintained by depositories (NSDL/CDSL).   Statement II is true – As stated under Section 43 (ii) “preference share capital”, with reference to any company limited by shares, means that part of the issued share capital of the company which carries or would carry a preferential right with respect to— (a) payment of dividend, either as a fixed amount or an amount calculated at a fixed rate, which may either 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 company;