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Define Share. State its Types. |
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Answer» Total Capital of the Company is Divided into Units of Small Denominations. Each such Unit is called "Share". E.g. If the Total Capital of the Company is Rs 10,00,000, Divided into 1,00,000 Units of Rs 10 each, then each Unit of Rs 10 will be called a Share of Rs 10 each. Under Section 43 of the Companies Act, 2013, a Company may Issue TWO Types of Shares : (i) Preference Shares (ii) Equity Shares |
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