If you are a business owner, you already know that each shareholder in your company is entitled to a certain number of shares that he/she has subscribed to.
A shareholder can accordingly sell or give his/her shares away, mortgage them, or devise them by will. When an owner of shares decide to transfer or sell his/her shares, he/she also transfers the rights and obligations represented by the shares to the other party.
In this chapter, we will talk about the following topics:
1. Company shares
2. Allotment and issuance of shares
3. Share certificates
4. Transfer and alternation of shares
5. Dividends
6. Maintenance of capital
Keep reading to learn more.