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Section 45 of the Companies Act 2013: Numbering of Shares

SECTION-45 (Numbering of shares) under CHAPTER-IV (Share Capital and Debentures) of the Companies Act, 2013

"Every share in a company having a share capital shall be distinguished by its distinctive number:

Provided that nothing in this section shall apply to a share held by a person whose name is entered as holder of beneficial interest in such share in the records of a depository."



Extra Notes for Readers

(1) The Companies Act, 2013 received the assent of the President on the 29th August, 2013 (Published in the Gazette of India, Extraordinary, Part II - Section 1 by Ministry of Law and Justice, Legislative Department on 30th August, 2013)

(2) Section 45 of the Companies Act 2013 was notified by MCA Notification S.O. 2754(E) dated 12th September 2013 (w.e.f. 12th September 2013)

(3) Further, refer the Companies (Share Capital and Debentures) Rules, 2014.




This page was last updated on 25th December, 2016.

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