Question

As per Section 2(84) Share means share in the share capital of a Company and includes
(1) Debentures
(2) Preference Shares
(3) Stocks
(4) Bonds

• A. (1) and (2)
• B. (1), (2) and (3)
• C. Only (3)
• D. (1), (2), (3) and (4)

Answer 1

The Correct Option is B

According to Section 2(84) of the Companies Act, ”share” refers to a share in the share capital of a company. While the definition includes preference shares and stocks, it does not include debentures or bonds. Debentures are debt instruments issued by a company, representing a loan to the company. Bonds are also debt instruments, typically issued by governments or corporations. Therefore, the correct answer is (B) (1), (2) and (3).