Home Acts & Rules Companies Law Old_Provisions Companies Act, 1956 Chapters List Chapter IV SHARE CAPITAL AND DEBENTURES This
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Section 91 - Calls on shares of same class to be made on uniform basis. - Companies Act, 1956Extract Miscellaneous provisions as to share capital Calls on shares of same class to be made on uniform basis. 91. Where after the commencement of this Act, any calls for further share capital are made on shares, such calls shall be made on a uniform basis on all shares falling under the same class. Explanation . For the purposes of this section, shares of the same nominal value on which different amounts have been paid-up shall not be deemed to fall under the same class.
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