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    Question

    What are the various types of share capital of a company

    limited by shares?
    A Equity shares Correct Answer Incorrect Answer
    B Preference shares Correct Answer Incorrect Answer
    C Equity shares with differential voting rights Correct Answer Incorrect Answer
    D Both a & b Correct Answer Incorrect Answer

    Solution

    Companies Act Section 43. Kinds of share capital- The share capital of a company limited by shares shall be of two kinds, namely:тАФ (a) equity share capitalтАФ (i) with┬а 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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