Nature of shares or debentures . Section – 44, Companies Act, 2013, Section – 45, Companies Act, 2013

Section – 44, Companies Act, 2013

Nature of shares or debentures .

44. The shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company.

Section – 45, Companies Act, 2013

Numbering of shares.

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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