After reading this article you will learn about the meaning and kinds of shares issued by a company. Meaning and Definition of Shares: A share is the interest of a shareholder in a definite portion of the capital. Section 2 (46) of the Act defines a share as, "A share in the share capital of a company and includes stock, [...]
This article will help you to learn about the difference between shares and stocks. Difference between Shares and Stocks Share 1. Nominal values: Share has nominal value. 2. Fully paid-up: Share need not necessarily be fully paid-up. 3. Transferability: It is transferable as a whole. 4. Distinctive number: It has distinctive number by which it is distinguished from other shares. [...]
After reading this article you will learn about:- 1. Meaning of a Promoter 2. Functions of a Promoter 3. Legal Position 4. Rights 5. Duties 6. Liabilities 7. Preliminary Contracts. Meaning of a Promoter: The idea of carrying on a business which can be profitably undertaken is conceived either by a person or by a group of persons who are [...]