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TypeBare Act JurisdictionCentral Government

Companies Act, 1956 Section 114

Issue and Effect of Share Warrants to Bearer

~1 min read
https://sooperkanoon.com/act/11022

Bare act section · Research

About this section

Companies Act, 1956 Section 114 is part of Companies Act, 1956 - Issue and Effect of Share Warrants to Bearer. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) A public company limited by shares, if so authorised by its articles, may, with the previous approval of the Central Government with respect to any fully paid-up shares, issue under its common seal a warrant stating that the bearer of the warrant is entitled to the shares therein specified, and may provide, by coupons or otherwise, for the payment of the future dividends on the shares specified in the warrant.

(2) The warrant aforesaid is in this Act referred to as a "share warrant".

(3) A share warrant shall entitle the bearer thereof to the shares therein specified, and the shares may be transferred by delivery of the warrant.

Frequently asked questions

What does Companies Act, 1956 Section 114 provide?

Section Section 114 of the Companies Act, 1956 (Issue and Effect of Share Warrants to Bearer) is reproduced on this page as part of the Companies Act, 1956. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Companies Act, 1956 Section 114?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 1956 Section 114. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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