Share Capital and Types of Shares — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares2 Marks
Question
‘Share certificate is the primary evidence for shareholder’. Give reasons.
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Answer
The share certificate is the primary proof for the shareholder. This is because the company acknowledges that the shareholder whose name appears in the certificate has the type of shares indicated in the shareholder certificate and shares of the value stated in it.
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