Section 81 of the Companies Act, 2013
There is no Section 81 in the Companies Act, 2013.
📌 Important Note:
Section 81 existed under the Companies Act, 1956, and it dealt with "Further issue of share capital", particularly rights issue to existing shareholders.
In the Companies Act, 2013, this subject is now covered under Section 62.
✅ Relevant Section in Companies Act, 2013:
🔹 Section 62 – Further Issue of Share Capital
This section governs:
Rights issue (offer to existing shareholders).
Employee stock options (ESOPs).
Private placement or preferential allotment of shares.
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