May 18, 2020
The concept of share capital under Companies Act
Author: Akanksh Deekonda, NLIU-Bhopal INTRODUCTION Section 2(47) of the Companies Act, 2013 defines Shares as “A share in the company includes stock until it has been explicitly distinguished between the stock and the share either implicitly or explicitly”. Shares can be taken as goods according to the Sales of Goods Act, 1930, they are also