Sections 49 to 51 of the Companies Act 2013

Section 49.

Calls on shares of same class to be made on uniform basis.

Where any calls for further share capital are made on the shares of a class, such calls shall be made on a uniform basis on all shares falling under that class.

Explanation.—For the purposes of this section, shares of the same nominal value on which different amounts have been paid-up shall not be deemed to fall under the same class.

Section 50.

Company to accept unpaid share capital, although not called up.

 (1) A company may, if so authorised by its articles, accept from any member, the whole or a part of the amount remaining unpaid on any shares held by him, even if no part of that amount has been called up.

(2) A member of the company limited by shares shall not be entitled to any voting rights in respect of the amount paid by him under sub-section (1) until that amount has been called up.

Section 51.

Payment of dividend in proportion to amount paidup

A company may, if so authorised by its articles, pay dividends in proportion to the amount paid-up on each share.