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प्रश्न
State any 4 features of shares.
Answer the following question.
State the features of shares.
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उत्तर
Following are the features of Shares:
- Meaning: Share is the smallest unit in the total share capital of a company.
- Ownership: The owner of the share is called a shareholder. It shows the ownership of a shareholder in the company.
- Distinctive Number: Unless dematerialised, each share has a distinct number for identification. It is mentioned in the Share Certificate.
- Evidence of title: A share certificate is issued by a company under its common seal. It is a document of title of ownership of shares. A share is not any visible thing. It is shown by share certificate or in the form of Demat share.
- Each share has a value expressed in terms of money. There may be:
(a) Face value: This value is written on the share certificate and mentioned in the Memorandum of Association.
(b) Issue price: It is the price at which the company sells its shares.
(c) Market Value: This value of a share is determined by demand and supply forces in the share market. Rights A share confers certain rights on its holder such as the right to receive the dividend, the right to inspect statutory books, the right to attend shareholders' meetings, and the right to vote at such meetings, etc. - Income: A shareholder is entitled to get a share in the net profit of the company. It is called a dividend.
- Transferability: The shares of a public limited company are freely transferable in the manner provided in the Articles of Association.
- Property of Shareholder: Share is a movable property of a shareholder.
- Kinds of Shares: A Company can issue two kinds of shares:(a) Equity shares.
(b) Preference shares. - Rights: A share confers certain rights on its holder such as right to receive dividend, right to inspect statutory books, right to attend shareholders’ meetings, and right to vote at such meetings, etc.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
______ are residual claimants against the income or assets of the company.
______ participate in the management of their company.
The holder of ______ preference shares has the right to convert their shares into equity shares.
Write a word or a term or a phrase which can substitute the following statement.
A document of title of ownership of shares.
Write a word or a term or a phrase which can substitute the following statement.
Name the shareholders who participate in the management.
State whether the following statement is true or false.
Equity share capital is known as venture capital.
Complete the sentence.
The convertible preference share holders have a right to convert their shares into ______
Equity shareholders elect their representatives called ______.
Complete the sentence.
Bonus shares are issued as gift to ______
Answer in one sentence.
What are Equity Shares?
Answer in one sentence.
What are cumulative preference shares?
Distinguish between the following.
Equity shares and Preference shares.
Justify the following statement.
Preference shares do not carry any voting rights.
Justify the following statement.
Equity share capital is risk capital.
Answer the following question.
Define preference shares. What are the different types of preference shares?
The dividend is paid first to ______ shareholders.
Give one word or phrase for the following sentence:
What is Share?
