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deference between a member of company and shareholder
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deference between a member of company and shareholder Related: Member...
The following are the differences between members and shareholders:
- A member is a person who subscribed the memorandum of the company. A shareholder is a person who owns the shares of the company.
- The term member is defined under section 2 (27) of the Indian Companies Act, 1956. Conversely, the term shareholder is not defined in the Indian Companies Act, 1956.
- The bearer of a share warrant is not a member, but the bearer of a share warrant can be a shareholder.
- All shareholders whose name are entered in the register of members are the members. On the other hand, all members may not be the shareholders.
- In the case of a public company, there must be a minimum of 7 members. There is no such cap on the maximum number of members. Similarly, a private company can have a minimum of 2 and maximum of 50 members. As opposed to shareholders, there is no minimum or maximum limit, in the case of a public company.
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deference between a member of company and shareholder Related: Member...
BASIS FOR COMPARISON "Meaning" A person whose name is entered in the register of members of a company, is the registered member of the company. The person who owns the shares of a company is known as shareholder."Defined in"members are defined in Section 2 (27) share holders areNot defined" Share Warrant" The holder of a share warrant is not a member. The holder of a share warrant is a shareholder."Company" Every company must have a minimum number of members. The company limited by shares can have shareholders."Memorandum "The person who signs the memorandum of association with the company becomes a member. After signing the memorandum, a person can be a shareholder only when the shares are allotted to him
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deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law
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deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law.
deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for deference between a member of company and shareholder Related: Membership of a Company - Members & Shareholders, Company Law.
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