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Ask AIabout Companies Act 1967

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Companies Act 1967
Section 68

Section 68

Issue of shares for no consideration

of Companies Act 1967

ActIn forceProvision 105 of 682

Section 68

Amended by36/2014

A company having a share capital may issue shares for which no consideration is payable to the issuing company.

Read in full context — Companies Act 1967 →

←PreviousSection 67 · Use of share capital to pay expenses incurred in issue of new shares NextSection 69→

Parent legislation

Companies Act 1967

Read in full context →

←PreviousSection 67 · Use of share capital to pay expenses incurred in issue of new shares NextSection 69→

Nearby in this law

Section 65Differences in calls and payments, etc.
Section 66Share warrants
Section 67Use of share capital to pay expenses incurred in issue of new shares
Section 68Issue of shares for no consideration
Section 69
Section 69A
Section 69B