Types of shares (section 43 of Companies Act 2013) Hey guys, Welcome back!!!!!! Have you read our previous blogs on shares? Yes….?? Then, Congrats!!! You have understood about shares and types of share capital in the company which will help you to build your understanding into companies. So, today I have decided to talk to you about types of shares which are covered under section 43 of the companies act 2013. This article will help you to secure good marks in your accountancy exam as well as will provide you quality information about shares. So listen carefully…. There are two types of shares: 1. Preference shares 2. Equity shares Preference shares: preference shares are the shares which carry the following two preferential rights: Number one: Preferential right to receive dividend (dividend on these shares may be fixed as amount or can be calculated at fixed rate.) Number two: R...
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