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
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