Question

What do "shares" refer to as per the definition given under section 2 of the Competition Act?

Q: Answer-What do 'shares' refer to as per the definition given under section 2 of the Competition Act?

Section 2 Definitions v shares means shares in the share capital of a company carrying voting rights and includes-i any security which entitles the holder to receive shares with voting rights ii stock except where a distinction between stock and share is expressed or implied.

A Shares that carry voting rights, including any security that entitles the holder to receive shares with voting rights, and stock unless otherwise specified

B Only the shares in the share capital of a company without any voting rights

C Only securities that can be converted into shares without voting rights

D Any form of financial instrument related to company capital

E Shares that do not provide any rights to the holder

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