The correct answer is: Section 2(48) of the Companies Act, 2013 defines shares.
A share is a unit of ownership in a company. It is a valuable financial instrument that can be bought and sold on the stock market. Shares represent a claim on the company’s assets and earnings. When you buy shares, you become a part-owner of the company.
Section 2(48) of the Companies Act, 2013 defines a share as “a share in the capital of a company and includes stock.” This means that a share is a unit of ownership in a company, and it can be represented by stock. Stock is a type of share that is represented by a certificate.
The other options are incorrect because they do not define shares. Section 2(84) defines a company, Section 2(80) defines a director, and Section 2(45) defines a subscriber.
I hope this helps! Let me know if you have any other questions.