Question

Which of the statements are correct relating to the

Q: Answer-Which of the statements are correct relating to the nature of shares or debentures of a company?

Companies Act Section 44. Nature of shares or debentures- The shares or debenture or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company.

nature of shares or debentures of a company?

A Movable property

B Freely transferrable

C Transfer restricted by the AoA

D Both a & b

E All a, b & c

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Which of the statements are correct relating to the

Solution