Share capital and debentures

Companies Act-Phase (I & II)

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As per section 43 of the Companies Act, 2013 What are the types of share capital-

Equity

Debentures

Preference

Both a and b

Explanation:

Section 43 of the 2013 Act prescribes that a company is allowed to have only two kinds of share capital - equity shares (with or without differential rights to dividend, voting or otherwise) and preference share capital.

By: Srishti Gupta

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