Preference Shares are defined under section.......... of the Companie…

NCERT (2026-27 edition):
Nature and Classes of Shares – “According to Section 43 of The Companies Act, 2013, a preference share is one, which fulfils the following conditions : (a) That it carries a preferential right to dividend to be paid either as a fixed amount payable to preference shareholders or an amount calculated by a fixed rate of the nominal value of each share before any dividend is paid to the equity shareholders.”