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Bare acts > Companies Act, 1956 > Section 86


86. New issues of share capital to be only of two kinds.—The share capital of a company limited by shares shall be of two kinds only, namely:—

(a) equity share capital—

(i) with voting rights; or

(ii) with differential rights as to dividend, voting or otherwise in accordance with such rules and subject to such conditions as may be prescribed;

(b) preference share capital.






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