Chamber of Prakash K. Pandya

Section 45 Numbering of shares.

CHAPTER IV
SHARE CAPITAL AND DEBENTURES

[Section 45 is brought to force with effect from September 12, 2013.]

Numbering of shares.

Section 45. 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.

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