This document provides an overview of shares and debentures under Indian company law. It defines various types of share capital such as authorized, issued, subscribed, and paid-up capital. It also discusses the classification of shares into equity and preference shares, and the classification of preference shares into cumulative, non-cumulative, redeemable, irredeemable, convertible and non-convertible shares. The document also covers topics such as voting rights of shareholders, issue of shares, share certificates, transfer and transmission of shares, debentures, types of debentures, and certificates of debenture.

1. Shares & Debentures Presented ByKamran KhanOn Date : 8th October 2010Shri Ramdeobaba College Of Engineering & Management , Nagpur

2. Classification OF Share capital1)Authorized Capital2) Issued Capital3) Subscribed Capital4) Paid-Up Capital5) Un-called Capital [sec 99]

3. Authorized Capital Issued Capital Subscribed Capital Paid Up Capital Un-called CapitalSHARE CAPITALPictorial Representation of share capital

4. Nature & Classification of SharesClassification Of Share Under Company Act 1913 into Three Types 1) Deferred Share 2)Preference Share 3)Ordinary ShareClassification Of Share Under Company Act 1956 into Two Types 1) Equity Shares [section 85(2) & 86] 2) Preference Share [section 85] Lalchand Surana Ors Vs Hyderabad Vanaspathy Ltd(1988)Classification Of Preference Share1) Cumulative Preference Share2) Non-cumulative Preference Share3) Redeemable Preference Share [sec 80]4) Irredeemable Preference Share5) Convertible Preference Share6) Non-convertible Preference Share7) Participating Preference Share8) Non-Participating Preference Share

5. Redemption Of Irredeemable Preference Share Under Company(Amendment)Act 1988 & Company(Amendment)Act 2002 Before 5 years From Commencement Of Company

6. Before 10 years From Date Of IssueVoting right of shareholder1) For equity shareholder[sec 87(a)] In Election Of Board Of Directors

7. Change In Policy Of Company

8. Issue Of Share At Premium , Discount & Other Than Cash2) For Preference Share Holder [sec 87(b)]

9. Issue Of SHARES Capital Issue Of Shares [sec 81]

10. Issue Of Shares At Premium [sec 78]

11. Issue Of Shares At Discount [sec 79]

12. Issues Of Shares Other Than CashCertificate Of Share [sec 84 & 113]

13. Transfer of Share Instrument Of Transfer [sec 108]

14. Transfer Of Instrument In Prescribed Form

15. Time Limit For Presentation Of Instrument

16. Application Of Transfer [sec 110]

17. Transfer By Legal Representative

18. Registration Of Transfer

19. Cancel Old & Issue New Share CertificateCancellation Of Old ShareOld Share Cancelled By Company Law Board With Sign & Stamped

20. Refusal & Restriction On Transfer Refusal Of Registration Of Transfer Of Share [sec 111]

21. Appeal Against Refusal [sec 111(5)]

22. Restriction On Transfer Of ShareTransmission OF ShareIn Absence Of Nominee [sec 109A]

23. In Presence Of Nominee [sec 109B]Difference Between Transfer & transmissionTransfer Of SharesTransmission Of Shares By Act Of The Party.