Q.71
Company Law Easy Act + Section Given
Bare Act Companies Act, 2013 · Section 43

Section 43 of the Companies Act, 2013 provides for _______.

A Issue of Shares at Premium
Kinds of Shares Capital Answer
C Buy Back of Shares
D Reduction in Share Capital
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Explanation & Strategy

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Section 43 classifies share capital into two fundamental categories: equity share capital (representing ownership with voting rights and variable dividends) and preference share capital (carrying preferential rights to dividends and capital repayment but typically limited voting rights). Section 52 deals with shares at premium, Sections 68-70 with buyback, and Section 66 with reduction of share capital.

The text reads: Section 43: The share capital of a company limited by shares shall be of two kinds, namely: (a) equity share capital, and (b) preference share capital.
At a Glance
Subject Company Law
Difficulty Easy
Act Companies Act, 2013
Section Section 43
Answer (B) Act + Section Given
Paper AIBE XIX — December 2024
Progress in Paper
Q.71 100 questions

71% through paper

📖 Open Book — Reading Mode Companies Act, 2013