SHARE WARRANTS to bearer isc;ued under the Companies Act, 1956 (Central Act I of 1956). — THE KRRALA STAMP ACT, 1959

SHARE WARRANTS to bearer isc;ued under the Companies Act, 1956 (Central Act I of 1956).

51 SHARE WARRANTS to bearer isc;ued under the Companies Act, 1956 (Central Act I of 1956). Exemptions. Share warrant when issued by a company in pursuance of section 114 of the Indian Companies Act, 1956, to have effect only upon payment, as composition for that duty to the Collector of Stamp revenue of- (a) one-and a-half per centum of the whole subscribed capitcll of the company; (b) if any company which has paid the said duty or composition in full, subsequently issues an addition to its subscribed capital one-and-a-half per centum of the additional capital so issued.

Section 51