20

Companies Act, 2013: Share Capital and Transfer of Shares

Learning Objectives

After reading this chapter, you will be able to understand:

  • Share capital and types of shares
  • Allotments of shares and rules for allotment
  • Voting rights of shareholders
  • Issue of shares at par, premium and discount
  • Underwriting and brokerage
  • Alteration of share capital and reduction of share capital
  • Forfeiture, surrender and lien on shares
  • Bonus and rights issue
  • Calls on share, calls in arrear and calls paid in advance
  • Buy-back of shares
  • Procedure for acquiring membership of a company
  • Termination of membership
  • Procedure for transfer of shares
  • Transmission of shares
  • Nomination of shares
20.1 SHARE CAPITAL

The term ‘share capital’ is used to mean the capital ...

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