Section 10: Share capital
consolidated text (as at 1985, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
10. Share capital
(1) Subject to subsection (2), the share capital of the Corporation shall
be 10,000,000 rupees, made up of 1,000,000 shares of 10 rupees each, to
be allotted as follows—
(a) 400,000 shares shall be fully subscribed by Government;
(b) the remaining shares shall be subscribed, at such time and in
such manner, by such persons as the Board may determine.
(2) The Board may, by resolution, increase the share capital of the
Corporation and any such resolution shall make provision for the subscription of the increase.