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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) - link

(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) - link

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

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

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