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    Section 46 of the Companies Act, 2013

    Posted By : Sohil / Published on : 11-Jan-2023 04:25 AM / View : 52 / Comment : 0

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    Dear All,

    Section 46 read with the Companies (Share Capital and Debentures) Rules, 2014 requires passing of Board Resolution for issuance of share certificates. Under the Companies Act, 1956 such power could be delegated to a Committee of the Board. Companies Act, 2013 is silent on this issue.
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