Can You Write About The Shares Of The Company Their Classes And Nature?

Shares means "shares in the share capital of a company".
Justice Farewell has defined share in the following words:
"A share is the interest of the shareholder in the company. It is measured by the sum of the money for the purpose of liability in the first place and of interest (dividend) in the second place."

In case of transmission of shares, succession certificate or court orders is to be produced by the legal representative and for the transfer of shares a duly stamped and executed instrument signed by both parties is to be given to the company for registration.
Nature of share:

The share of the company shall be a movable property. It is transferable in the manner provided by the articles of the company.
Each share in the company shall have a distinctive number.


Classes and kinds of shares:
A company limited by shares shall have only normal share capital which may be divided into sub classes.
A company shall entirely issue the paid shares.
In case, a company has partly paid shares on the beginning of ordinance it shall not issue any further share capital until all the shares previously issued have become fully paid.
A company shall pay dividend only in proportion to the amount paid up on each share.

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