banner_ad

Company law

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 July 2012 Difference between sec.86 & sec.88
Profile Image

Hitendra Jain

Profile Image

Hitendra Jain (Expert)
16 July 2012 Section 86 Titling "NEW ISSUES OF SHARE CAPITAL TO BE ONLY OF TWO KINDS" after amendments made by Omitted by the Companies (Amendment) Act, 2000 w.e.f. 13-12-2000.] provides that equity share capital of a company may have different dividend or voting right and except equity and preference share capital there is no other type of the share capital.
Where as section 88 of the act has been Omitted by the Companies (Amendment) Act, 2000 w.e.f. 13-12-2000.
It had restricted the provision of section 86 and provided that equity share capital shall have no such difference.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 July 2012 thanks sir!!!!!......
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details