Bare ActsThe Companies Act, 2013

Section 49

Calls on shares of same class to be made on uniform basis.

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

Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that class. Explanation. -- For the purposes of this section, shares of the same nominal value on which different amounts have been paid-up shall not be deemed to fall under the same class.

Amended up to 2019-04-22View on India Code →
Section 49 – The Companies Act, 2013 | DailyLaw.ai