SHARE STOCK

s.r	SHARE	STOCK
1 2 3 4 5 6 7 8	Meaning A small part of total share capital of a company. Paid up Value A share can be partly or Fully paid up. Original issue Shares are issued originally. Transfer Shares can never be transferred infractions. Who can issue Public as well as Private companies can issue shares. Distinctive number Shares have distinctive numbers. Consent of members Consent of members is not required while issuing shares. Face Value Every share has a specific face value	A bundle of fully paid up shares converted into a fund for convenience. A stock is always of fully paid up. It always comes into existence by converting fully paid shares. In can never be issued initially. Stocks can be transferred in any fraction. Only Public company can issue stock and not private company. A stock does not have any distinctive numbers. Member’s Consent is must while issuing stock. Stock does not have any specific face value