This article will help you to learn about the difference between a government and a non-government company. Difference between Government Company and Non-Government Company Government Company 1. Ownership of Capital: Not less than 51% of the share capital is held by the Central Governments and/or one or more state Governments. 2. Auditing of Accounts: The accounts of Government companies are [...]
A company may, if so authorised by its Articles, convert all or any of its fully paid-up shares into stock, and reconvert that stock into fully paid-up shares of any denomination. So every 'stock' is a 'share' while every 'share' may not be a 'stock'. The method of conversion of shares into stock is given below: 1. To pass a [...]
After reading this article you will learn about the meaning and kinds of shares issued by a company. Meaning and Definition of Shares: A share is the interest of a shareholder in a definite portion of the capital. Section 2 (46) of the Act defines a share as, "A share in the share capital of a company and includes stock, [...]