Question

Section 43 of Companies Act, 2013 provides for:

• A. Kinds of Shares Capital
• B. Reduction in Share Capital
• C. Buy-back of Shares
• D. Issue of Shares at Premium

Hint:

Equity vs. Preference = main distinction in share capital.

Answer 1

The Correct Option is A

Step 1: Section 43.
This section classifies share capital into equity and preference shares.

Step 2: Application.
Covers rights attached to different classes.

Step 3: Conclusion.
Thus, option (1) is correct.