Corporate Laws
Allotment of Securities (Shares) and Statutory Restrictions on Allotment
Introduction: The term “share” [as defined in Section 2(84) of the Company Act, 2013] refers to the company’s share capital, which comprises stock. Security is a term used to describe shares. Section 2(80) of the Securities Contracts Act, 1956, relates to the meaning of securities as specified in clause (h) Read more…