Bare ActsCompanies Act, 1956

Section 117

Debentures with voting rights not to be issued hereafter

Amendment status not verified — confirm the current text below against the official source.

No company shall, after the commencement of this Act, issue any debentures carrying voting rights at any meeting of the company, whether generally or in respect of particular classes of business.

Section 117 – Companies Act, 1956 | DailyLaw.ai