What is share? Explain features advantage limitations types of share?
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Meaning of Share: “A part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.” The act defines a share as a ‘Share’ in the share capital of the company and includes stock. A share is an expression of propriety relationship between a shareholder and the company. However, a share in the company is legal entity distinct from the assets is represents. Its appropriate number distinguishes each share in a company. Share are classified as movable property, transferable in the manner specified by the Articles.
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