Paid-up SC
Preference Share – S2(1)
The nominal value of share capital actually issued &paid-up by the members
Ordinary Share – s71(1)
Meaning & Characteristics
Participating preference Share
Classes of Shares –S69 Equity Share
Differed founder Share
Executed for transfer + share certificate handed over to transferee Lodge the 2 documents to the co
Register transferee’s name
New share certificate will be issued
The amount of share capital which the company can issue
Issued SC
SHARE
Share Capital (SC)
Transfer of share – The procedures Contract between the transferor & transferee
Authorised SC
Nominal value of share capital actually issued
Reserved SC
The amount issued but unpaid
Variation of class rights S91(1),S92, S95
Issue & allotment of share
No par value regime
Power to issue shares –S75 & S76