law: Companies Act, 1956
  Sec 86    -     New
  
  issues of share capital to be only of two kinds 
  The share capital of a company limited by shares shall be of two
  
  kinds only, namely :
  (a) equity share capital ; and
  (i) with voting
  
  rights; or     
  (ii) with differential rights as to dividend,
  
  voting or otherwise in accordance with such rules and subject to such
  
  conditions as may be prescribed. 
  (b) preference share capital.