OMTEX CLASSES: SHARE STOCK

SHARE STOCK


s.r
 SHARE
STOCK
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Meaning
A small part of total share capital of a company.

Paid up Value
A share can be partly or Fully paid up.

Original issue
Shares are issued originally.

Transfer
Shares can never be transferred infractions.

Who can issue
Public as well as Private companies can issue shares.

Distinctive number
Shares have distinctive numbers.

Consent of members
Consent of members is not required while issuing shares.

Face Value
Every share has a specific face value


A bundle of fully paid up shares converted into a fund for convenience.

A stock is always of fully paid up.

It always comes into existence by converting fully paid shares. In can never be issued initially.


Stocks can be transferred in any fraction.


Only Public company can issue stock and not private company.


A stock does not have any distinctive numbers.


Member’s Consent is must while issuing stock.



Stock does not have any specific face value