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V.S. Datey on Companies Act, 2013
  • Applicability of Section 43 of the Companies Act, 2013

    by Manish on Wednesday, July 07, 2021 at 06:41 PM

    Dear Sir, Can a Private Company have only Equity shares with differential dividend rights as its Paid up capital, as the Article of Association of the said Private Company provides for non-applicability of Section 43 of the Companies Act, 2013 ?

    Replied byV.S. Datey Thursday, July 08, 2021 at 07:32 PM

    it makes no sense - if all shares have same rights, how it can be 'differential rights'? V S Datey

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