Section 49: Calls on shares of same class to be made on uniform basis.

The Companies Act, 2013Central Act · Act 18 of 2013

Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that 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.

Where this provision sits

Act	The Companies Act, 2013
Section	49
Marginal note	Calls on shares of same class to be made on uniform basis.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	2

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