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Bare acts > Companies Act, 1956 > Section 96
 
  


 

96. Effect of conversion of shares into stock.—Where a company having a share capital has converted any of its shares into stock, and given notice of the conversion to the Registrar, all the provisions of this Act which are applicable to shares only, shall cease to reply as to so much of the share capital as is converted into stock.

 

 

 

 

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