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Share Stock -

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Question

SHARE STOCK

Answer in Brief

Solution

S.r SHARE STOCK
1. Meaning
A small part of the total share capital of a company.
A bundle of fully paid up shares converted into a fund for convenience.
2. Paid-up value share can be partly or Fully paid up. Stock is always fully paid up.
3. Original issue
Shares are issued originally.
It always comes into existence by converting fully paid shares. In can never be issued initially.
4. Transfer
Shares can never be transferred infractions.
Stocks can be transferred in any fraction.
5. Who can issue
Public as well as Private companies can issue shares.
Only Public companies can issue stock and not private companies.
6. Distinctive number
Shares have distinctive numbers.
Stock does not have any distinctive numbers.
7.

Consent of members
Consent of members is not required while issuing shares.

Member’s Consent is a must while issuing stock.

8.

Face Value
Every share has a specific face value

Stock does not have any specific value

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