Mera Samvidhaan All of Companies Act, 2013

Chapter IV · Share Capital and Debentures

49Calls on shares of same class to be made on uniform basis.

Section 49 · Chapter IV · page 48 of the Act

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.

Section 49 of The Companies Act, 2013 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.