Share Elect Pdf For Free

A share is referred to as a unit of ownership which represents an equal proportion of a company's capital. A share entitles the shareholders to an equal claim on profit and losses of the company. There are majorly two kinds of shares i.e. equity shares and preference shares.

Section 43A of the Companies Act, 1956, listed down certain cases in which a private company becomes a public company, and stated that even after a private company has so become a public company by virtue of this section, it would continue to enjoy certain basic features of a private company.

The shares or debenture or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company.

These can include: Ordinary Shares. Ordinary shares are the most common type of shares. ... Preference Shares. Preference shares confer some preferential rights on the holder, superior to ordinary shares. ... Redeemable Preference Shares. ... Convertible Preference Shares. ... Treasury Shares.

Kinds of share capital. (b) preference share capital: Provided that nothing contained in this Act shall affect the rights of the preference shareholders who are entitled to participate in the proceeds of winding up before the commencement of this Act.

The share capital of a company limited by shares shall be of two kinds, namely:- ( a ) equity share capital- ( i ) with voting rights; or ( ii ) with differential rights as to dividend, voting or otherwise in ance with such rules as may be prescribed; and ( b ) preference share capital: Provided that nothing ...

A share entitles the shareholders to an equal claim on profit and losses of the. company. There are majorly two kinds of shares i.e. equity shares and preference shares.