Repealed or not in force · As amended up to 2026-08
30. Warrant of limited shares fully paid up may be issued in name of bearer.
Coupons.
31. Effect of share-warrant.
32. Re-registration of bearer of a share-warrant in the register.
30. In the case of a Company limited by shares, the Company, if authorized so to do by its regulations as originally framed or as altered by special resolution, and subject to the provisions of such regulations, may, with respect to any share which is fully paid up, or with respect to stock, issue under their common seal a warrant (hereinafter referred to as a share-warrant) stating that the bearer thereof is entitled to the shares or stock therein specified, and may provide, by coupons or otherwise, for the payment of the future dividends on such shares or stock.
Source: India Code